BSF shareholders to vote on 5% dividend for H2 2024 on May 14

17/04/2025 Argaam Exclusive

Banque Saudi Fransi's (BSF) shareholders will vote on the board's recommendation to distribute cash dividends at 5% of capital, or SAR 0.50 per share, for H2 2024, during an extraordinary general meeting (EGM) scheduled for May 14, according to a Tadawul statement.

 

Dividend Details (H2 2024)

Current Capital

SAR 25 bln

Number of Shares*

2.5 bln

Total Dividend

SAR 1245.67 mln

Percentage of Capital

5% after Zakat (SAR 0.50 per share)

Record Date

May 14, 2025

Payment Date

May 29, 2025

*2.49 bln shares are eligible for dividend payout
 

Other agenda items include deciding on the repurchase of 15 million treasury shares, to be allocated for the employee stock incentive program. The share repurchase will be self-financed.

 

If approved, the board will be authorized to complete the repurchase process during a period not exceeding 18 months from the EGM date. The bank will retain the repurchased shares for up to 10 years, after which the procedures and controls as stipulated in the applicable laws and regulations will apply.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
30/01/2025 14/05/2025 29/05/2025 1,245.67 0.50
05/08/2024 07/08/2024 26/08/2024 1,198.11 0.48
06/02/2024 22/05/2024 11/06/2024 1,197.74 0.48
26/07/2023 03/08/2023 20/08/2023 1,139.52 0.46
13/12/2022 24/05/2023 12/06/2023 1,079.63 0.43
30/06/2022 21/07/2022 04/08/2022 900.64 0.36
23/12/2021 12/06/2022 30/06/2022 1,019.96 0.41
04/07/2021 11/07/2021 05/08/2021 779.97 0.31
02/03/2021 05/05/2021 31/05/2021 479.98 0.19
30/12/2019 13/05/2020 08/06/2020 1,199.68 0.48
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

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 2.70 23.08 11.72 %
Last 5 Financial years 3.62 18.09 19.99 %
Last 10 Financial years 7.08 15.35 46.09 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

16.71
(0.13) (0.77 %)

Valuation Data (Latest Share Price)

P/E (TTM) 8.02
P/E Before Unusual Items (TTM) 8.02
P/BV 1.00
Dividend Yield 6.17 %
Market Cap. (M) 41,775.00
Return on Average Assets 1.73 %
Return on Average Equity 12.93 %

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