Bank AlJazira's (BJAZ:TADAWUL) board of directors decided to distribute cash dividends worth SAR638mn ($170mn) to shareholders for the second half of 2025, the bank announced on January 28.
The dividend amounts to SAR0.50 ($0.13) per share after deducting zakat, with approximately 1.25bn shares eligible for distribution, according to a disclosure published on Tadawul.
The bank's net profit attributable to shareholders rose 22.3% to SAR1.5bn ($400mn) in 2025, according to financial results announced earlier on January 28.
The bank attributed profit growth to an 18% increase in operating income, primarily due to higher net income from financing and investment, net income from banking service fees, net profit from financial instruments at fair value through profit or loss, net foreign exchange income and dividend income. This was offset by a decline in other operating income.
Operating expenses rose 13%, mainly due to increases in employee salaries and related costs, general and administrative expenses, net credit loss provisions, and the absence of a reversal of impairment provisions for other real estate. This was offset by a decrease in other operating expenses.
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