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Banks (Finance)

Arab National Bank Announces Interim Cash Dividend for Shareholders

Strategic Insights

— 1 min read

Arab National Bank's Board of Directors has made a decision to distribute an interim cash dividend to its shareholders for the first half of 2025. This move reflects the bank's commitment to delivering value to its shareholders by distributing a total amount of 1.29 billion SAR, covering 1.99 billion shares eligible for dividends. The dividend will be 0.65 Halalah per share after deduction of Zakat, which represents 6.5% of the share's par value.

Key Takeaways:

  • The Arab National Bank has announced an interim cash dividend of 1.29 billion SAR for its shareholders, covering 1.99 billion shares eligible for dividends.
  • The dividend amount per share will be 0.65 Halalah, after deduction of Zakat, which represents 6.5% of the share's par value.
  • Shareholders must be eligible by July 27, 2025, to benefit from this dividend, with the distribution date scheduled for August 6, 2025.
  • Non-resident foreign investors will have a withholding tax of 5% on the distributed cash dividend.
  • Shareholders are advised to update their contact information to ensure efficient communication and accurate disbursement.
  • The bank's Shareholders Affairs Department will provide assistance and address concerns from shareholders promptly.
  • The Capital Market Authority and Saudi Exchange have clarified that they take no responsibility for the content of the disclosure, emphasizing that the issuer bears full responsibility for its accuracy.

Statistics:

  • 1.29 billion SAR: The total amount of the interim cash dividend distributed to shareholders.
  • 1.99 billion: The number of shares eligible for dividends.
  • 0.65 Halalah: The dividend amount per share after deduction of Zakat.
  • 6.5%: The percentage of Zakat deducted from the share's par value.
  • July 22, 2025: The date on which the Board of Directors made the decision to distribute the dividend.
  • July 27, 2025: The eligibility date for shareholders to benefit from the dividend.
  • August 6, 2025: The scheduled distribution date for the dividend.

Sources:

  • Saudi Exchange
  • Arab National Bank

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