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Investment Bank to pay 499.34M riyals in dividends
The Saudi Investment Bank has decided to distribute interim cash dividends for the first half of 2026, totaling up to 499.34 million SAR. These dividends will be distributed across 1.248 billion shares, resulting in a dividend share of 0.40 SAR per share after Zakat deduction, representing 4% of the share's nominal value. The dividends will be payable to shareholders registered at the end of trading on August 4, 2026, with distribution commencing on August 17, 2026. For non-resident foreign investors, the dividends are subject to a 5% withholding tax, and they are required to contact the bank within three days of the entitlement date to submit the necessary documents for tax exemption. The bank also recommends shareholders update their information and link their bank accounts to ensure the correct deposit of dividends and to confirm receipt of previous dividends.
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