The Saudi National Bank provides various banking products and services in Saudi Arabia. The company operates through four segments: Retail, Wholesale, Capital Market, and International. The Retail segment provides banking services, including lending and current accounts, as well as products in compliance with Shariah rules to individuals and private banking customers. The Wholesale segment offers various conventional credit-related products and financing products to small sized businesses, medium and large establishments, and companies, as well as various treasury and correspondent banking products and services comprising money market and foreign exchange; carries out investment and trading activities; and manages liquidity, market, and credit risks related to investments. The Capital Market segment offers wealth management, asset management, investment banking, and shares brokerage services. The International segment provides banking services outside Saudi Arabia. It also distributes and markets Islamic insurance products; operates as a private equity and hedge fund; issues bonds; invests in and manages real estate development projects; engages in trading in derivatives and repos/reverse repos activities; and provides recruitment and trade finance services. In addition, the company offers debit and credit cards; online and mobile banking services; safe deposit boxes; and cash management and currency exchange services. It operates through 506 branches, 12 retail service centers, 7 corporate service centers, and 130 QuickPay remittance centers in Saudi Arabia, as well as four overseas branches in the Kingdom of Bahrain, the United Arab Emirates, Qatar, and the Republic of Singapore. The company was formerly known as The National Commercial Bank and changed its name to The Saudi National Bank in April 2021. The Saudi National Bank was founded in 1953 and is headquartered in Riyadh, Saudi Arabia.
Theudi National Bank Dividend Announcement
• Theudi National Bank announced a semi annually dividend of ر.س0.90 per ordinary share which will be made payable on 2024-08-25. Ex dividend date: 2024-08-11
• Theudi National Bank annual dividend for 2024 was ر.س1.80
• Theudi National Bank annual dividend for 2023 was ر.س1.65
• Theudi National Bank's trailing twelve-month (TTM) dividend yield is 5.48%
• Theudi National Bank's payout ratio for the trailing twelve months (TTM) is 52.43%
• Theudi National Bank's dividend growth over the last five years (2018-2023) was -2.78% year
Theudi National Bank Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-11 | ر.س0.90 | semi annually | 2024-08-25 |
2024-05-02 | ر.س0.90 | semi annually | 2024-05-14 |
2023-08-02 | ر.س0.85 | semi annually | 2023-08-13 |
2023-05-08 | ر.س0.80 | semi annually | 2023-05-18 |
2022-07-14 | ر.س1.10 | semi annually | 2022-07-21 |
2022-04-17 | ر.س0.90 | semi annually | 2022-04-26 |
2021-08-15 | ر.س0.65 | semi annually | 2021-08-23 |
2021-05-09 | ر.س0.80 | semi annually | 2021-05-23 |
2020-04-01 | ر.س1.20 | semi annually | 2020-04-09 |
2019-08-04 | ر.س1.10 | semi annually | 2019-08-21 |
2019-04-11 | ر.س1.10 | semi annually | 2019-04-24 |
2018-08-05 | ر.س1.00 | semi annually | 2018-08-12 |
2018-05-16 | ر.س0.90 | semi annually | 2018-05-29 |
2017-06-19 | ر.س1.10 | semi annually | 2017-07-06 |
2017-05-04 | ر.س1.00 | semi annually | 2017-05-14 |
2016-08-03 | ر.س0.60 | semi annually | |
2016-04-06 | ر.س0.75 | semi annually | |
2015-07-14 | ر.س0.80 | semi annually |
Theudi National Bank Dividend per year
Theudi National Bank Dividend growth
Theudi National Bank Dividend Yield
Theudi National Bank current trailing twelve-month (TTM) dividend yield is 5.48%. Interested in purchasing Theudi National Bank stock? Use our calculator to estimate your expected dividend yield:
Theudi National Bank Financial Ratios
Theudi National Bank Dividend FAQ
Other factors to consider when evaluating Theudi 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: Theudi 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, Theudi 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, Theudi 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 Theudi 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: Theudi 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, Theudi 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: Theudi 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 Theudi 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 Theudi 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.