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Bank Albilad announces the board of director’s recommendation to distribute cash dividends for the second Half of 2025
| Element List | Explanation |
|---|---|
| Introduction | Bank Albilad announces the board of director’s recommendation to distribute cash dividends for the Second Half of 2025 |
| Date of the board’s recommendation | 2026-02-04 Corresponding to 1447-08-16 |
| The Total amount distributed | 825,000,000 SAR |
| Number of Shares Eligible for Dividends | 1,500,000,000 Shares |
| Dividend per share | 0.55 SAR after Zakat deduction |
| Percentage of Dividend to the Share Par Value (%) | 5.5 |
| Eligibility date | The eligibility for dividend shall be for the bank’s shareholders who own the shares at the end of the trading day of the General Assembly meeting date, which will be determined later, and who are registered in the Bank’s shareholders register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the date of the General Assembly meeting. |
| Distribution Date | will be determined later |
| The name of other official authorities and the details of their non-refusal to the recommendation or decision | It should be noted that the Bank has obtained no-objection from the Saudi Central Bank to distribute cash dividends to the Shareholders for the Second Half of 2025. |
| Additional Information | The Bank has distributed a net cash dividend of SAR 675 Million for the first half of 2025 for SAR 0.45 per share, which represents 4.5% of the share nominal value. Consequently, total net distributed dividends for the financial year ending 31-12-2025 amounting SAR 1,500 Million for SAR 1 per share which represents 10% of the share nominal value. We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing regulation. And we would like to advise all shareholders to update their investment account information with the financial broker to avoid any issue on receiving the announced dividends. contact Investor Relations Department for any assistance during official business hours at: Tel : 011 4798585 or through email: Shareholders@bankalbilad.com.sa |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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