Riyad Bank Proposes SAR 1.64 Billion Dividend
RIBL 1010.SA | 29.22 | -1.02% |
Riyad Bank announced on February 2, 2026, that its Board of Directors has recommended distributing cash dividends of SAR 1,643,140,089 for the second half of fiscal year 2025. Shareholders will receive SAR 0.55 per share after Zakat deduction, representing 5.5% of share par value. The eligibility date will be at the end of the trading day of the bank's General Assembly meeting, with distribution date to be announced later. The Saudi Central Bank has already approved the dividend distribution, and non-resident investors may be subject to a 5% withholding tax unless they provide tax exemption documentation.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92936&anCat=1&cs=1010&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.
