Banque Saudi Fransi Declares SAR 0.57 Dividend for H1 2026
Banque Saudi Fransi (1050) declared a cash dividend of SAR 0.57 per share for the first half of 2026, totaling SAR 1.42 billion, with eligibility date on July 23, 2026 and payment on August 11, 2026.
Key Numbers
Banque Saudi Fransi (1050) announced a cash dividend distribution to shareholders for the first half of 2026, after receiving no-objection from the Saudi Central Bank (SAMA) on July 20, 2026. The total dividend amount is SAR 1,419.65 million, at SAR 0.57 per share, representing 5.7% of the share par value. Shareholders registered by the eligibility date of July 23, 2026 will receive the dividend on August 11, 2026.
Key Dividend Details
| Item | Value |
|---|---|
| Total Dividend | SAR 1,419.65 million |
| Eligible Shares | 2,490,615,730 |
| Dividend Per Share | SAR 0.57 |
| Dividend Yield (Par Value) | 5.7% |
| Eligibility Date | July 23, 2026 |
| Payment Date | August 11, 2026 |
Highlights from the Announcement
The bank stated that the dividend is after Zakat deduction. Non-resident foreign investors should note that cash dividends transferred by resident financial brokers are subject to a 5% withholding tax in accordance with applicable income tax regulations.
Future Guidance
No forward guidance on future dividends was provided.
Impact on the Stock
The dividend is likely to be viewed positively by income-focused investors, though the stock's price movement will depend on broader market conditions and the bank's operational performance.
What This Means for Investors
The 5.7% dividend yield (based on par value) offers a steady income stream. Investors should ensure they own shares before the eligibility date to receive the dividend.
Frequently Asked Questions
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