The Saudi Investment Bank’s (SAIB) board of directors approved on Aug. 10 a 3.6% cash dividend, at SAR 0.36 per share after Zakat, for the first half of 2024, the bank said in a statement to Tadawul.
|
Dividend Details (H1 2024) |
|
|
Current Capital |
SAR 12.5 bln |
|
Number of Shares* |
1.25 bln |
|
Total Dividend |
SAR 449.7 mln |
|
Percentage of Capital |
3.6% (SAR 0.36 per share after Zakat) |
|
Record Date |
Aug. 15, 2024 |
|
Payment Date |
Aug. 28, 2024 |
* 1.249 million shares eligible for dividend
SAIB obtained the approval of the Saudi Central Bank (SAMA) on the first-half dividend.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 11/08/2024 | 15/08/2024 | 28/08/2024 | 449.67 | 0.36 | |
| 18/02/2024 | 25/02/2024 | 06/03/2024 | 450.00 | 0.36 | |
| 30/07/2023 | 03/08/2023 | 15/08/2023 | 400.00 | 0.32 | |
| 25/12/2022 | 10/04/2023 | 30/04/2023 | 450.00 | 0.36 | |
| 24/07/2022 | 31/07/2022 | 14/08/2022 | 300.00 | 0.24 | |
| 22/12/2021 | 01/02/2022 | 10/02/2022 | 525.00 | 0.42 | |
| 04/03/2021 | 21/04/2021 | 02/05/2021 | 270.00 | 0.22 | |
| 14/02/2018 | 24/04/2018 | 01/05/2018 | 450.00 | 0.36 | |
| 06/12/2016 | 17/04/2017 | 20/04/2017 | 350.00 | 0.28 | |
| 13/12/2015 | 04/04/2016 | 07/04/2016 | 487.50 | 0.39 |
| Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
|---|---|---|---|
| Last 3 Financial years | 2.04 | 11.83 | 17.24 % |
| Last 5 Financial years | 2.67 | 10.82 | 24.73 % |
| Last 10 Financial years | 3.70 | 13.38 | 27.70 % |
| P/E (TTM) | 7.97 |
| P/E Before Unusual Items (TTM) | 7.97 |
| P/BV | 0.99 |
| Dividend Yield | 5.23 % |
| Market Cap. (M) | 16,287.50 |
| Return on Average Assets | 1.25 % |
| Return on Average Equity | 12.71 % |
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