Bank Albilad Announces the Interim cash dividends distribution for the First Half of 2025
| Element List | Explanation |
|---|---|
| Introduction | Bank Albilad announces the board of director’s resolution to distribute Interim cash dividends to the shareholders for the First Half of 2025 |
| Date of the board’s decision | 2025-07-22 Corresponding to 1447-01-27 |
| The Total amount distributed | 675,000,000 SAR |
| Number of Shares Eligible for Dividends | 1,500,000,000 Shares |
| Dividend per share | 0.45 SAR after Zakat deduction |
| Percentage of Dividend to the Share Par Value (%) | 4.5 |
| Eligibility date | 2025-08-05 Corresponding to 1447-02-11 |
| Distribution Date | 2025-08-20 Corresponding to 1447-02-26 |
| 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 on the Board of Directors’ resolution to distribute Interim cash dividends to the Shareholders for the First Half of 2025 |
| Additional Information | The eligibility of dividend shall be for the bank’s shareholders who own shares at the end of the trading day of the eligibility date and who are registered in the bank’s shareholders register at Securities Depository Center Company (Edaa) at the end of the second trading day following the dividends Eligibility date.
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 at: Tel : 011 4798585 or through email: [email protected] |
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