| Element List | Explanation |
|---|---|
| Introduction | Riyad Bank announces the Board of Directors' recommendation to distribute cash dividends to shareholders for the second half of 2022 |
| Date of the board’s decision | 2022-12-18 Corresponding to 1444-05-24 |
| The Total amount distributed | SAR1,950,000,000 |
| Number of Shares Eligible for Dividends | 3,000,000,000 |
| Dividend per share | SAR 0.65 after deduction of Zakat |
| Percentage of Dividend to the Share Par Value (%) | 6.5 % |
| Eligibility date | The eligibility date of the dividends shall be at the end of trading day of the Bank’s General Assembly meeting day (which will be announced at a later date) for the shareholders registered in Depository Center at the end of the second trading day following the General Assembly Meeting date |
| Distribution Date | Will be announced at a later date |
| Additional Information | We would like to draw the attention of the non-resident foreign investors that the cash dividend distribution which is transferred by the resident financial broker is subject to withholding tax of 5%, in accordance with the provisions of article 68 of the income tax law and article 63 of its implementing Regulations |
Shareholders who have not received their dividends for previous periods , a name search tool has been added in the Banks website under the link:
https://www.riyadbank.com/ar/about-us/investor-relations/unclaimed-dividends
Honorable shareholders (holders of certificates) who still keep their certificates need to deposit them in their investment portfolios, and the Bank urges its shareholders to promptly deposit the certificates they have in their portfolios by handing them over to the company for The Securities Depository Center (Edaa) in Riyadh phone (920001919) or send it by mail to the following address (6897 King Fahd Road - Olaya - Unit No. 15 - Riyadh 12211 - 3388 Saudi Arabia), accompanied by a copy of the national ID card, wallet number and name of the Authorized Persons, in preparation for depositing them in their investment portfolios with banks
For further details & information, please contact us at : 0114013030 extensions: (2445) or (2481) within working hours or email us at: ShareHolders@RiyadBank.com
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.