Riyad Bank provides banking and investment services in the Kingdom of Saudi Arabia. It operates through Retail Banking, Investment Banking and Brokerage, Corporate Banking, and Treasury and Investments segments. The Retail Banking segment offers deposits, credit, and investment products for individuals and small to medium sized businesses. The Corporate Banking segment offers current accounts, deposits, loans, overdrafts, and other credit facilities. The Treasury and Investments segment offers money market, trading, and treasury and derivative products and services, as well as manages investment portfolios. The Investment Banking and Brokerage segment provides investment management services; and asset management services related to dealing, managing, arranging, advising, and custody of securities. The company also provides prepaid, reward, and credit cards; trade finance, payroll solution, and cash deposit card; time deposit; sweeping; working capital, personal, car, home, contract, capital expenditure, and project financing; syndicated loan; Islamic banking products and services; and digital banking services. In addition, it owns, buys, and sells real estate; and acts as an agent for insurance products. The company operates through a network of branches in the Kingdom of Saudi Arabia, the United Kingdom, the United States; representative office in Singapore and ATMs; and points of sale. Riyad Bank was incorporated in 1957 and is headquartered in Riyadh, the Kingdom of Saudi Arabia.
Riyad Bank Dividend Announcement
• Riyad Bank announced a semi annually dividend of ر.س0.80 per ordinary share which will be made payable on 2024-08-22. Ex dividend date: 2024-08-11
• Riyad Bank annual dividend for 2024 was ر.س1.55
• Riyad Bank annual dividend for 2023 was ر.س1.30
• Riyad Bank's trailing twelve-month (TTM) dividend yield is 6.07%
• Riyad Bank's payout ratio for the trailing twelve months (TTM) is 46.23%
• Riyad Bank's dividend growth over the last five years (2018-2023) was 11.63% year
Riyad Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-11 | ر.س0.80 | semi annually | 2024-08-22 |
2024-03-25 | ر.س0.75 | semi annually | |
2023-07-30 | ر.س0.65 | semi annually | 2023-08-07 |
2023-03-27 | ر.س0.65 | semi annually | 2023-04-03 |
2022-07-31 | ر.س0.50 | semi annually | 2022-08-11 |
2022-04-13 | ر.س0.54 | semi annually | 2022-04-25 |
2021-06-27 | ر.س0.50 | semi annually | 2021-07-05 |
2021-03-24 | ر.س0.50 | semi annually | 2021-04-06 |
2020-03-26 | ر.س0.55 | semi annually | 2020-04-08 |
2019-07-14 | ر.س0.52 | semi annually | 2019-07-24 |
2019-03-20 | ر.س0.40 | semi annually | 2019-04-02 |
2018-07-09 | ر.س0.37 | semi annually | 2018-07-23 |
2018-03-27 | ر.س0.38 | semi annually | 2018-04-09 |
2017-07-03 | ر.س0.35 | semi annually | 2017-07-16 |
2017-03-28 | ر.س0.30 | semi annually | 2017-04-10 |
2016-07-21 | ر.س0.35 | semi annually | |
2016-04-06 | ر.س0.35 | semi annually | |
2015-07-07 | ر.س0.35 | semi annually | |
2015-04-07 | ر.س0.35 | semi annually | |
2014-07-01 | ر.س0.38 | semi annually | |
2014-03-11 | ر.س0.80 | semi annually | |
2013-07-01 | ر.س0.65 | semi annually | |
2013-03-12 | ر.س0.65 | semi annually |
Riyad Bank Dividend per year
Riyad Bank Dividend growth
Riyad Bank Dividend Yield
Riyad Bank current trailing twelve-month (TTM) dividend yield is 6.07%. Interested in purchasing Riyad Bank stock? Use our calculator to estimate your expected dividend yield:
Riyad Bank Financial Ratios
Riyad Bank Dividend FAQ
Other factors to consider when evaluating Riyad 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: Riyad 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, Riyad 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, Riyad 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 Riyad 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: Riyad 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, Riyad 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: Riyad 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 Riyad 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 Riyad 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.