Arab National Bank provides various banking products and services. The company operates through Retail Banking, Corporate Banking, Treasury, and Investment and Brokerage Services segments. It offers current, savings, and Murabaha accounts, as well as time deposits; personal, car lease, and real estate financing, as well as consumer credit advisory services; credit lines and loans; credit facilities for foreign exchange and precious metals; letters of credit (LC) and letters of guarantee; margin trading lending; and credit and debit cards. The company also provides Islamic banking, cash management and professional, treasury and foreign exchange, wire transfer, and custody and safekeeping services. In addition, it offers credit related services, such as overdraft and current accounts, revolving short-term and medium/long term loans, discounted bills, bonding, documentary LC and acceptances, and bills of collection and payment; safe deposit lockers; and online and phone banking services. Further, the company provides various mutual funds; and margin and equity trading services, as well as private equity services. Additionally, it offers credit products, including project loans, contract financing facilities, bridge loans, working capital/trade loans, letters of credit and guarantees, and hedging facilities. The company is also involved in the asset management activities related to dealing, managing, arranging, and advising and custody of securities; leasing of heavy equipment; and purchasing, sale, and leasing of land and real estate, as well as offers investment management services. The company serves individuals, corporate and institutional customers, and small to medium sized businesses through its 131 branches in the Kingdom of Saudi Arabia and 1 branch in the United Kingdom. Arab National Bank was founded in 1979 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Arab National Bank Dividend Announcement
• Arab National Bank announced a semi annually dividend of ر.س0.65 per ordinary share which will be made payable on 2024-08-21. Ex dividend date: 2024-08-11
• Arab National Bank annual dividend for 2024 was ر.س1.35
• Arab National Bank annual dividend for 2023 was ر.س1.25
• Arab National Bank's trailing twelve-month (TTM) dividend yield is 6.6%
• Arab National Bank's payout ratio for the trailing twelve months (TTM) is 46.49%
• Arab National Bank's dividend growth over the last five years (2018-2023) was -0.78% year
• Arab National Bank's dividend growth over the last ten years (2013-2023) was 2.26% year
Arab National Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-11 | ر.س0.65 | semi annually | 2024-08-21 |
2024-02-12 | ر.س0.70 | semi annually | |
2023-07-30 | ر.س0.65 | semi annually | 2023-08-08 |
2023-03-29 | ر.س0.60 | semi annually | 2023-04-11 |
2022-06-30 | ر.س0.50 | semi annually | 2022-07-18 |
2022-04-13 | ر.س0.45 | semi annually | 2022-04-21 |
2021-07-04 | ر.س0.35 | semi annually | 2021-07-14 |
2021-03-31 | ر.س0.40 | semi annually | 2021-04-12 |
2020-03-31 | ر.س0.50 | semi annually | 2020-04-13 |
2019-07-11 | ر.س0.50 | semi annually | 2019-11-24 |
2019-03-28 | ر.س1.27 | semi annually | 2019-04-08 |
2018-07-08 | ر.س0.65 | semi annually | 2018-07-19 |
2018-04-03 | ر.س0.65 | semi annually | 2018-04-17 |
2017-07-03 | ر.س0.55 | semi annually | 2017-07-16 |
2017-03-26 | ر.س0.45 | semi annually | 2017-04-06 |
2016-07-10 | ر.س0.45 | semi annually | |
2016-03-27 | ر.س0.55 | semi annually | |
2015-07-01 | ر.س0.45 | semi annually | |
2015-03-17 | ر.س0.55 | semi annually | |
2014-07-20 | ر.س0.45 | semi annually | |
2014-03-18 | ر.س0.59 | semi annually | |
2013-03-19 | ر.س1.00 | semi annually |
Arab National Bank Dividend per year
Arab National Bank Dividend growth
Arab National Bank Dividend Yield
Arab National Bank current trailing twelve-month (TTM) dividend yield is 6.6%. Interested in purchasing Arab National Bank stock? Use our calculator to estimate your expected dividend yield:
Arab National Bank Financial Ratios
Arab National Bank Dividend FAQ
Other factors to consider when evaluating Arab National Bank as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Arab National Bank's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Arab National Bank publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Arab National Bank distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Arab National Bank are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Arab National Bank sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Arab National Bank distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Arab National Bank declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Arab National Bank's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Arab National Bank's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.