Riyadh – Mubasher: The Saudi Investment Bank’s (SAIB) board of directors has approved the distribution of interim cash dividends to shareholders for the first half (H1) of 2026.
The total amount to be distributed is SAR 499.34 million, following the receipt of a no-objection letter from the Saudi Central Bank.
The dividend payout is set at SAR 0.40 per share, representing 4% of the share nominal value, and will be distributed across 1.24 billion eligible shares.
Eligibility for the payout is designated for shareholders owning stock at the close of trading on 4 August 2026 and who are registered with the Securities Depository Center Company (Edaa) by the end of the second trading day following the eligibility date.
The bank scheduled the payment of these dividends to commence on 17 August. Non-resident foreign investors are advised that these distributions will be subject to a 5% withholding tax in accordance with Article 68 of the Income Tax Law.
SAIB urged shareholders to update their data and link bank accounts to investment portfolios to ensure the timely deposit of funds.
In H1-26, SAIB logged a net profit valued at SAR 1.05 billion, an annual rise of 3.44% from SAR 1.02 billion.
