Saudi National Bank Approves Cash Dividend of 11.5% for First Half of 2026
Clarification item: Introduction. Saudi National Bank announces the Board of Directors' decision to distribute cash dividends to shareholders for the first half of 2026. Board decision date: 1448-02-06 corresponding to 2026-07-20. Total distributed amount: 6,900,000,000 Saudi Riyals. Number of shares eligible for dividends: 6,000,000,000 shares. Share per distribution: 1.15 Riyals after deducting Zakat. Distribution percentage to nominal share value: 11.5%. Entitlement date: 1448-02-14 corresponding to 2026-07-28. Distribution date: 1448-02-27 corresponding to 2026-08-10. Name of other official entities and details of their non-objection on…
The Board of Directors of Saudi National Bank decided yesterday, Monday, to distribute cash dividends to shareholders at 11.5% of capital (equivalent to 1.15 riyals per share after deducting Zakat) for the first half of 2026, as shown in the following table:
Cash Dividend Details
Capital
60,000 million riyals
Number of shares
6,000 million shares
Total distributed dividends
6,900 million riyals
Percentage of capital
11.5% (equivalent to 1.15 riyals per share after deducting Zakat)
Dividend entitlement
28 July 2026 (and those registered in the company's shareholder register at the Securities Depository Center at the end of the second trading day following the entitlement date)
Distribution date
10 August 2026
The bank added in a statement on Tadawul that it had obtained the non-objection of the Saudi Central Bank to distribute cash dividends to shareholders for the first half of 2026.
Historical development of cash dividends (riyals/share) Company procedures
Notes: Cash distribution * Total cash distributions (million riyals) Distribution date Entitlement date Announcement date 1.15 6,900.00 2026/08/10 2026/07/28 2026/07/21 1.15 6,900.00 2026/04/27 2026/04/15 2026/01/28 1.00 6,000.00 2025/08/14 2025/08/03 2025/07/21 1.00 6,000.00 2025/02/24 2025/02/09 2025/01/29 0.90 5,400.00 2024/08/25 2024/08/11 2024/08/06 0.90 5,400.00 2024/05/14 2024/05/01 2024/02/25 0.85 5,100.00 2023/08/13 2023/08/01 2023/07/26 0.45 2,686.80 2023/05/18 2023/05/07 2023/01/12 0.82 4,925.80 2022/07/21 2022/07/13 2022/07/03 0.67 4,030.20 2022/04/26 2022/04/17 2022/01/27 Historical cash dividends per share adjusted for the effect of capital changes and bonus shares, if any.
Historical development of cash dividends
Aggregate cash dividends Cash dividend per share (riyals) * Share price at start of period (riyals) Return on base price Last 3 fiscal years: 5.80 37.84 15.33% Last 5 fiscal years: 8.23 32.13 25.60% Last 10 fiscal years: 13.73 25.63 53.59% Based on start of period (January 1 of base year)
Original source: Argaam
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