Bupa Arabia approves 40% dividend for 2025

Bupa Arabia for Cooperative Insurance Co. shareholders approved a cash dividend of 40% of capital, or SAR 4 per share, at a general assembly meeting on June 30.

The dividend covers the 2025 financial year. The company said the payout reflects its earnings performance and capital position. Bupa Arabia, listed on the Saudi Stock Exchange under ticker 8210, is one of the largest health insurers in the kingdom.

The dividend represents a yield of roughly 2.5% based on the stock's recent trading price near SAR 160. The ex-dividend date has not been announced. Shareholders of record as of the close of the meeting are eligible.

Bupa Arabia's net profit for the first quarter of 2025 rose 12% year-on-year to SAR 310 million, the company reported in May. The dividend approval follows that earnings release.

The company operates in a competitive health insurance market in Saudi Arabia, where mandatory coverage for expatriates and growing demand from the local population drive premium growth. Bupa Arabia holds a market share of about 25%.

The dividend decision is in line with the company's historical payout ratio of 50-60% of net income. The 40% of capital dividend translates to a payout of roughly SAR 1.2 billion, based on the company's paid-up capital of SAR 3 billion.