Al Rajhi Bank stock trades ex-dividend as TASI slips

Al Rajhi Bank stock (ISIN SA12C050TD11) traded ex-dividend on the Saudi Exchange on September 21, 2026, with investors pricing in a cash distribution of SAR 1.26 per share for the first half of 2026. According to Argaam on September 21, 2026, the dividend will be paid on October 1, 2026, to shareholders of record.

Ex-dividend trading and price levels

Per Saudi Exchange data for September 21, 2026, Al Rajhi Bank shares traded on the Main Market around SAR 66.20 during the session, with a reported traded value of about SAR 252,473,659.80. According to Saudi Exchange, this price level came as the Tadawul All Share Index (TASI) traded near 10,690.91 points, down 0.55 percent on the day.

A separate intraday snapshot from Argaam for September 21, 2026, showed Al Rajhi Bank at SAR 66.05, down SAR 0.10 or 0.15 percent on the day, in a session where TASI closed at 10,682 points, its lowest level in nearly two months. For investors, this means the stock weakened only modestly in price while simultaneously delivering an interim cash return.

Dividend details and recent performance context

The ex-dividend event on September 21, 2026 is tied to Al Rajhi Bank's interim dividend for H1 2026. As reported by Argaam, shareholders are entitled to receive SAR 1.26 per share, with the distribution scheduled for October 1, 2026. While the underlying half-year financials are not detailed in the recent ex-dividend note, the size of the interim payout gives a concrete signal on the bank's earnings capacity and capital position as of the first half of 2026.

In the broader Saudi equity market, financials have recently contributed to index movements. A report from Al Riyadh on September 21, 2026 highlighted that the TASI benchmark rose 5.1 percent during August 2026, with the financial-services sector posting gains of about 9 percent over the month. For Al Rajhi Bank shareholders, this sector backdrop supports the attractiveness of a cash dividend, even as the index experienced a short-term pullback in late September.

Index role and international exposure

Al Rajhi Bank also has a role in global emerging-market portfolios. According to the holdings overview of the iShares MSCI Emerging Markets ETF published by StockAnalysis, Al Rajhi Banking and Investment Corporation appears among the fund's positions with a weight of about 0.42 percent. This presence in a large global ETF helps support liquidity in Al Rajhi Bank stock and can amplify the effect of sector moves and dividend decisions on international investor flows.

For investors comparing price movements, the modest day-on-day decline of 0.15 percent to SAR 66.05 on September 21, 2026, as noted by Argaam, contrasts with the more pronounced pullback in the index to 10,682 points. The combination of an ex-dividend adjustment and index pressure suggests that much of the price movement can be interpreted as technical rather than a response to new fundamental information.

Stock price and investor takeaway

As of September 21, 2026, Al Rajhi Bank stock's reference price on the Saudi Exchange Main Market stood around SAR 66.20, with intraday data also showing trades near SAR 66.05 and a slight decline of 0.15 percent from the prior close. The ex-dividend status for an H1 2026 cash payout of SAR 1.26 per share and the recent 5.1 percent rise in the TASI benchmark in August 2026 together frame the stock as a key income and index constituent in the Saudi financial-services sector.

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