06 Aug, 2024

Arab National Bank announces the distribution of an interim cash dividend for the first half of 2024

Introduction:

The Board of Directors of Arab National Bank has decided on 07/08/2024 distribution of an interim cash dividend to the shareholders for the first half of 2024

distribution period:

For the first half of 2024

Date of the board’s decision:

1446/02/03 Corresponding to 07/08/2024

The Total amount distributed:

1,300 Million SAR

Number of Shares Eligible for Dividends:

2,000,000,000 shares

Dividend per share:

0.65 Halalah after deduction of Zakat

Percentage of Dividend to the Share Par Value (%):

6.5 %

Eligibility date:

Sunday 07/02/1446 corresponding to 11/08/2024

Distribution Date:

Wednesday  17/02/1446 corresponding to  21/08/2024

The name of other official authorities and the details of their non-refusal to the recommendation or decision:
It should be noted that the Bank has obtained no-objection from the Saudi Central Bank on the Board of Directors’ decision to distribution of an interim cash dividend for the first half of 2024
Additional Information
We would like to draw the attention of the non-resident foreign investors that the cash dividend distributed, which is transferred by the resident financial broker, is subject (when transferred or credited to the non-resident foreign investor’s bank account) to a withholding tax of 5%, in accordance with the provisions of Article 68 of the Income Tax Law and Article 63 of its Implementing Regulations.

Therefore, we wish to kindly remind our esteemed shareholders to ensure the receipt of their dividends from previous years through the designated Dividend Inquiries Link. Shareholders in possession of physical share certificates are requested to securely deposit them into their respective investment portfolios. To facilitate efficient communication and guarantee the accurate disbursement of profits from previous years, we encourage shareholders to promptly update their contact information. This can be done by reaching out to our dedicated Shareholders Affairs Department or visiting the nearest ANB branch.
For any further inquiries or assistance, our Shareholders Affairs Department remains at your service. Please feel free to contact them at 011 402 9000 Ext 8778 during the official working hours of the bank, or by email at SHA@anb.com.sa.