
Alinma Bank's board approved SAR 746m in Q2 cash dividends, or SAR 0.30 a share. The 5% annualised yield tops the Saudi banking sector average of 4.2%.
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Alinma Bank’s board approved a SAR 746.30 million cash dividend for the second quarter of 2026, the bank said in a filing. The payout, set at SAR 0.30 per share, was decided at a board meeting on 20 July.
Shareholders on record by 5 August will receive the dividend. The ex-dividend date is 6 August.
The quarterly distribution aligns with the bank’s stated policy of paying out 50% of net profit. Alinma reported SAR 1.49 billion in net income for the first half of 2026, up 12% from a year earlier. The SAR 746 million dividend represents roughly half that six-month profit.
At the current share price of SAR 36.20, the annualised dividend yield sits at about 5%. That compares with an average yield of 4.2% for Saudi-listed banks tracked by Bloomberg.
The board also confirmed the dividend schedule for the remainder of the year, with Q3 and Q4 payments to be announced in October and January respectively, subject to the same profit-share formula.
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