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Riyad Capital Announces 2.55B Riyals Dividends
Al Riyad Bank announced its approval to distribute cash dividends totaling 2.55 billion Saudi Riyals for the first half of 2026, at a rate of 0.64 Riyals per share, which is equivalent to 6.4% of the nominal value, based on 3.983 billion shares. Shareholders registered as of the close of trading on July 28, 2026, will be entitled to these dividends. The payments will begin on August 10, 2026, through deposits into the bank accounts linked to the investors' brokerage portfolios. The bank also called on non-resident investors to provide the necessary documents for tax exemption and encouraged shareholders to update their banking information to ensure the dividends are deposited on time.
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