Saudi Awwal Bank Declares SAR1 Per Share H1 Dividend

SAB

SAB

1060.SA

0.00

On July 21, 2026, Saudi Awwal Bank's Board of Directors resolved to distribute cash dividends to shareholders for the first half of fiscal year 2026, following a no-objection confirmation from the Saudi Central Bank. The total distribution amounts to SAR 2,055 million, covering 2,054,794,522 eligible shares at SAR 1.00 per share after Zakat deduction, representing 10% of the share par value. The eligibility date is set for August 2, 2026, with dividends to be distributed on August 13, 2026. Non-resident investors should note that cash distributions made through resident financial brokers are subject to a 5% withholding tax, unless a tax exemption has been granted by the Zakat, Tax and Customs Authority.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=96909&anCat=1&cs=1060&locale=ar

Important 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.