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Dividends

The Bank abides by all relevant, applicable rules and regulations and observes the following policies in distributing dividends to its shareholders:

  1. A transfer of 25% of the net profit to statutory reserve. Such transfers may be discontinued when the total statutory reserve is equal to the paid-up capital.
  2. Upon the recommendation of the Board of Directors and approval of the Annual General Assembly, dividends are distributed among shareholders, each in proportion to their shareholdings.
  3. The Bank’s strategic direction determines the distribution of the interim and annual dividends. The dividends proposed for the second half of the year are included in the shareholders’ equity, and will remain there until the Annual General Assembly approves the Board of Directors’ recommendation.
Distribution Period
Announced Date
Eligibility Date
Dividend Per Share (SAR
Distribution Way
Distribution Date

First half 2024

06/08/2024

11/08/2024

0.80

Account Transfer

22/08/2024

Second half 2023

13/02/2024

24/03/2024

0.75

Account Transfer

02/04/2024

First half 2023

19/07/2023

27/07/2023

0.65

Account Transfer

07/08/2023

Second half 2022
19/12/2022

26/03/2023

0.65

Account Transfer

03/04/2023

First half 2022

18/07/2022

28/07/2022

0.50

Account Transfer

11/08/2022

Second half  2021

16/12/2021

12/04/2022

0.54

Account Transfer

25/04/2022

First half 2021

21/06/2021

24/06/2021

0.50

Account Transfer

05/07/2021

2020

28/02/2021

23/03/2021

0.50

Account Transfer

06/04/2021

Second half 2019 

30/12/2019

25/03/2020

0.55

Account Transfer

08/04/2020

First half 2019

07/07/2019

11/07/2019

0.52

Account Transfer

24/07/2019

Second half  2018

13/12/2018

19/03/2019

0.40

Account Transfer

02/04/2019

First half 2018

04/07/2018

08/07/2018

0.37

Account Transfer

23/07/2018

Second half  2017 

28/12/2017

26/03/2018

0.38

Account Transfer

09/04/2018

First half 2017 

21/06/2017

02/07/2017

0.35

Account Transfer

16/07/2017

Second half  2016

04/01/2017

27/03/2017

0.30

Account Transfer

10/04/2017

First half  2016

18/07/2016

20/07/2016

0.35

Account Transfer

02/08/2016

Second half  2015

31/12/2015

05/04/2016

0.35

Account Transfer

18/04/2016

First half 2015

05/07/2015

06/07/2015

0.35

Account Transfer

27/07/2015

Second half  2014

30/12/2014

06/04/2015

0.35

Account Transfer

20/04/2015

First half 2014

29/06/2014

30/06/2014

0.38

Account Transfer

15/07/2014

Second half  2013

07/01/2014

10/03/2014

0.80

Account Transfer

24/03/2014

First half 2013

22/06/2013

30/06/2013

0.65

Account Transfer

15/07/2013

Second half  2012

26/12/2012

11/03/2013

0.65

Account Transfer

25/03/2013

First half 2012

01/07/2012

11/07/2012

0.65

Account Transfer

23/07/2012

Second half  2011

01/01/2012

19/03/2012

0.75

Account Transfer

26/03/2012

First half 2011 

06/07/2011

13/07/2011

0.55

Account Transfer

25/07/2011

Second half   2010

31/01/2011

14/03/2011

0.70

Account Transfer

27/03/2011

First half 2010

10/07/2010

12/07/2010

0.60

Account Transfer

24/07/2010

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