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Shares of major Saudi-listed entities, Al Rajhi Bank and Riyadh Cables Group Co., are trading ex-dividend today, September 21. Al Rajhi Bank is set to distribute a interim cash dividend of SAR 1.26 per share for the first half of 2026, with the payment date scheduled for October 1, 2026. Meanwhile, Riyadh Cables Co. will pay SAR 2.25 per share for the same financial period, with distributions slated to reach eligible shareholders on October 5, 2026.
The ex-dividend date marks the cutoff point where new buyers of the stock are no longer entitled to receive the declared dividend payout. Consequently, equity prices often experience a brief technical adjustment, reflecting the payout value during early trading sessions. This event attracts close attention from dividend investors and portfolio managers operating in the Saudi Exchange (Tadawul).
For market participants in the Kingdom, cash distribution cycles from high-cap blue chips provide a clearer view of underlying corporate liquidity and income generation within key sectors. Investors will monitor how quickly these stocks regain momentum following the dividend adjustment and track upcoming corporate distribution schedules across the benchmark TASI index.
