alrajhi bank Recommends 17.5% Cash Dividend for H2 2025

alrajhi bank announced on Tuesday that its board of directors has recommended the distribution of cash dividends to shareholders for the second half of 2025, with a total payout of SAR 7 billion. The dividend amounts to SAR 1.75 per share after zakat, representing 17.5% of the nominal value of the share.
In a statement to Tadawul, the bank said the number of shares eligible for the dividend is 4 billion. Eligibility will be for shareholders registered at the end of trading on the date of the bank’s general assembly, which will be determined at a later date, and recorded in the shareholders’ register at the Securities Depository Center (Edaa) at the end of the second trading day following the assembly date.
The bank noted that it had previously distributed net cash dividends of SAR 3 billion for the first half of the 2025 financial year to shareholders registered with Edaa at the end of the second trading day following the entitlement date, corresponding to Sep. 22, 2025, at SAR 0.75 per share, representing 7.5% of the nominal value. Accordingly, total net dividends distributed for the financial year ended Dec. 12, 2025 amount to SAR 10 billion, or SAR 2.50 per share, equivalent to 25.0% of the nominal value of the share.
Alrajhi bank also drew the attention of non-resident foreign investors to the fact that cash dividends transferred through a resident financial intermediary, whether upon transfer or credit to a bank account, are subject to a 5% withholding tax in accordance with Article 68 of the Income Tax Law and Article 63 of its executive regulations.
The bank added that non-resident foreign investors who hold tax exemption certificates for dividend distributions issued by the Zakat, Tax and Customs Authority should contact the bank within five calendar days from the entitlement date and provide supporting documentation for the tax exemption.