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 6.37%
• Riyad Bank's payout ratio for the trailing twelve months (TTM) is 49.32%
• 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 6.37%. Interested in purchasing Riyad Bank stock? Use our calculator to estimate your expected dividend yield:
Riyad Bank Financial Ratios
P/E ratio8.62
PEG ratio0.44
P/B ratio1.17
ROE14.90%
Payout ratio49.32%
Current ratio0.28
Quick ratio0.28
Cash Ratio0.28
Riyad Bank Dividend FAQ
How much is the next Riyad Bank dividend?
Riyad Bank's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next Riyad Bank dividend. The next Riyad Bank dividend will be released in March, or July.
When is Riyad Bank dividend paid?
Riyad Bank pays dividends on a semi annually basis. The specific dates may vary each year but are generally around March, and July. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does Riyad Bank pay?
The specific amount of Riyad Bank dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Riyad Bank's dividend history.
Does Riyad Bank stock pay dividends?
Yes, Riyad Bank does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find Riyad Bank's dividend history.
How much dividend does Riyad Bank pay?
Riyad Bank paid ر.س1.55 in 2024, ر.س1.3 in 2023, ر.س1.04 in 2022, ر.س1.0 in 2021, and ر.س0.55 in 2020.
How often does Riyad Bank pay dividends?
Riyad Bank typically pays dividends on a semi annually basis. This means that dividends are usually distributed 2 times a year. The specific payout dates may vary each year but generally fall around March, and July.
What is Riyad Bank's dividend yield?
The current dividend yield for Riyad Bank is 6.37%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate Riyad Bank's exact dividend yield.
When does Riyad Bank go ex dividend?
Riyad Bank's ex-dividend date for the latest dividend was on 2024-08-11. Riyad Bank typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next Riyad Bank dividend paid?
Riyad Bank pays dividends on a semi annually basis, typically around March, or July, but the exact dates can vary each year.
Will Riyad Bank increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether Riyad Bank will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is Riyad Bank dividend per share?
Riyad Bank paid ر.س1.55 per share in 2024 and ر.س1.3 per share in 2023. The amount of dividend per share that Riyad Bank pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is Riyad Bank a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is Riyad Bank a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is Riyad Bank a dividend stock?
Yes, Riyad Bank is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is Riyad Bank a good dividend stock?
Whether Riyad Bank is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. Riyad Bank has a history of paying regular dividends, which can make it attractive to income-focused investors.
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.
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.
Does Riyad Bank pay dividends monthly?
Riyad Bank typically pays dividends on a semi annually basis.
Does Riyad Bank pay dividends quarterly?
Riyad Bank currently pays dividends on a semi annually basis.
Has Riyad Bank ever paid a dividend?
Yes, Riyad Bank has a history of paying dividends to its shareholders. Riyad Bank is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy Riyad Bank dividend stocks?
To buy Riyad Bank you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy Riyad Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
Place an order: Use the brokerage's trading platform to place an order to buy Riyad Bank stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does Riyad Bank pay dividends 2024?
Riyad Bank pays dividends on a semi annually basis. 2024 dividend payments are in 2024-08-22. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will Riyad Bank increase its dividend in 2024?
Decisions regarding Riyad Bank dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date Riyad Bank dividend overview you can look into the above table of dividend history.
How Riyad Bank dividend works?
The Riyad Bank dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how Riyad Bank's dividend process works:
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. 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.
How are Riyad Bank dividends paid?
Riyad Bank dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
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.
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.
How many times does Riyad Bank pay dividends?
Riyad Bank typically pays dividends on a semi annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does Riyad Bank pay dividends?
The general pattern is that Riyad Bank pays dividends around March, and July. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is Riyad Bank dividend safe?
The safety of Riyad Bank's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
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.
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.