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Al-Oula to pay 2.05bn riyals in H1 dividends

Al-Oula to pay 2.05bn riyals in H1 dividends

The Saudi First Bank announced its distribution of cash dividends amounting to 2.055 billion riyals for the first half of 2026, at a rate of one riyal per share after zakat deductions, representing 10% of the share's nominal value. The eligibility date has been set for August 2, 2026, with the dividend payments scheduled to begin on August 13, 2026. The bank noted that these dividends are subject to a 5% withholding tax for non-resident investors, who are advised to contact the shareholders' division to confirm any available tax exemptions.

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