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 |
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.
| 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 |
| 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 % |
| 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 % |
Be the first to comment
Comments Analysis: