Bank Albilad Declares SAR 0.50 H1 2026 Interim Dividend
ALBILAD 1140.SA | 0.00 |
On July 22, 2026, Bank Albilad announced its Board of Directors' resolution, dated July 21, 2026, to distribute interim cash dividends to shareholders for the first half of 2026, following a no-objection from the Saudi Central Bank. The total distribution amounts to SAR 750,000,000, covering 1,500,000,000 eligible shares at SAR 0.50 per share after Zakat deduction, representing 5% of the share par value. Shareholders registered in the bank's shareholder register at the Securities Depository Center Company (Edaa) as of the eligibility date of July 30, 2026 will qualify for the dividends, which are scheduled for distribution on August 20, 2026. Non-resident foreign investors should note that cash dividends are subject to a 5% withholding tax in accordance with applicable income tax regulations.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96923&anCat=1&cs=1140&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
