Al Rajhi Bank board proposes 14.6% dividends for H2 2024
Al Rajhi Bank’s board of directors recommended, on Jan. 28, the payment of cash dividends at 14.6%, or SAR 1.46 a share after Zakat, for the second half of 2024, according to a statement to Tadawul.
Dividends Details (H2 2024) |
|
Current Capital |
SAR 40 bln |
Number of Shares |
4 bln |
Total Dividends |
SAR 5.84 bln |
Percentage of Capital |
14.6%, (SAR 1.46 a share after Zakat) |
Record Date |
To shareholders of record and those registered with Edaa on the second trading day following the general meeting date) |
Payment Date |
To be determined later |
Total Dividends (Full year) |
|
Total Dividends |
SAR 10.84 bln |
Percentage of Capital |
27.1% (SAR 2.71 a share) |
The bank obtained the Saudi Central Bank’s (SAMA) approval on the board’s H2 2024 cash dividend proposal.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) |
Dividends * | Notes |
29/01/2025 | 13/04/2025 | 24/04/2025 | 5,840.00 | 1.46 | |
05/08/2024 | 12/08/2024 | 26/08/2024 | 5,000.00 | 1.25 | |
25/02/2024 | 24/03/2024 | 03/04/2024 | 4,600.00 | 1.15 | |
24/07/2023 | 31/07/2023 | 14/08/2023 | 4,600.00 | 1.15 | |
15/01/2023 | 21/03/2023 | 02/04/2023 | 5,000.00 | 1.25 | |
30/06/2021 | 06/07/2021 | 14/07/2021 | 3,500.00 | 0.88 | |
01/03/2021 | 29/03/2021 | 06/04/2021 | 2,500.00 | 0.63 | |
03/02/2020 | 29/03/2020 | 06/04/2020 | 3,750.00 | 0.94 | |
21/07/2019 | 24/07/2019 | 01/08/2019 | 3,750.00 | 0.94 | |
06/01/2019 | 03/04/2019 | 11/04/2019 | 3,656.25 | 0.91 |
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 | 6.26 | 89.51 | 6.99 % |
Last 5 Financial years | 7.76 | 40.69 | 19.07 % |
Last 10 Financial years | 14.51 | 21.03 | 69.00 % |
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Valuation Data (Latest Share Price)
P/E (TTM) | 20.69 |
P/E Before Unusual Items (TTM) | 20.69 |
P/BV | 4.10 |
Dividend Yield | 2.86 % |
Market Cap. (M) | 408,000.00 |
Return on Average Assets | 2.21 % |
Return on Average Equity | 20.79 % |
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