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Bank Albilad to pay 750M riyals dividends
Al Bilad Bank announced its distribution of cash dividends totaling 750 million SAR for the first half of 2026, at a rate of 0.50 SAR per share, which is 5% of the nominal value, payable on 1.5 billion eligible shares. The dividend payout process will begin on August 20, 2026, with shareholders required to update their bank account details to ensure proper deposit. The distributions include a withholding tax of 5% for non-residents, in accordance with Saudi tax regulations.
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