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SAIB authorizes board to pay interim dividends for 2025

One of SAIB’s branches

The Saudi Investment Bank’s (SAIB) shareholders authorized the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2025, according to a statement to Tadawul.

This came during the ordinary general meeting (OGM) held on April 27, the statement added.

Shareholders also approved the payment of SAR 14.14 million as board bonus for 2024, in addition to discharging the board members from liability for the same year, the statement added.

SAIB paid a cash dividend at SAR 0.76 a share for 2024, data compiled with Argaam showed.

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