Al Rajhi Bank Approves SAR 5.8 Billion Final Dividend for 2024

Al Rajhi Bank announced the results of its 35th Ordinary General Assembly Meeting (first meeting), where shareholders approved the Board of Directors’ recommendation to distribute cash dividends of SAR 5.84 billion for the fiscal year ended December 31, 2024. This corresponds to SAR 1.46 per share, or 14.6% of the share’s face value.

With this approval, the total cash dividends distributed for FY2024 reach SAR 10.84 billion, equivalent to SAR 2.71 per share or 27.1% of the share’s face value. 

Dividend eligibility is for shareholders holding shares at the close of trading on the day of the General Assembly and registered with the Securities Depository Center (Edaa) by the end of the second trading day following the due date. Dividend distribution will commence on April 24, 2025.