Investment Bank to Pay 499M Riyals in Dividends
The Saudi Investment Bank has decided to distribute interim cash dividends for the first half of 2026, totaling approximately 499.34 million riyals, based on 0.40 riyals per share after Zakat deduction. This dividend amount represents about 4% of the nominal value of the share. The dividend distribution will commence on August 17, 2026. Shareholders eligible for the dividends are those who owned shares at the close of trading on August 4, 2026, and are registered in the bank's records. The bank also noted that dividends transferred through foreign financial intermediaries are subject to a 5% withholding tax. Shareholders are advised to update their data to ensure the correct receipt of their dividends.
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