MEPCO board plans 5% cash dividend for H2 2022
Middle East Paper Co.’s (MEPCO) board of directors recommended on May 22 the payment of a cash dividend at 5% of capital, or SAR 0.5 a share, for H2 2022, according to a filing to Tadawul.
Cash Dividend Details (H2 2022) |
|
Current Capital |
SAR 666.67 mln |
Number of Shares |
66.67 mln |
Total Dividend |
SAR 33.33 mln |
Percentage of Capital |
5% (SAR 0.5 a share) |
Record Date |
Shareholders of record by the close of the second trading day following the annual general meeting date that will be determined later |
Payment Date |
To be determined |
MEPCO distributed a SAR 0.5 per share cash dividend for H1 2022, according to data compiled by Argaam.
In November 2022, the company’s general assembly approved a 33.3% capital hike via bonus shares.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
23/05/2023 | 22/06/2023 | 11/07/2023 | 33.33 | 0.50 | |
09/10/2022 | 13/10/2022 | 25/10/2022 | 25.00 | 0.37 | |
17/03/2022 | 13/06/2022 | 28/06/2022 | 50.00 | 0.75 | |
10/03/2019 | 11/03/2019 | 25/03/2019 | 25.00 | 0.37 | |
30/10/2018 | 01/11/2018 | 14/11/2018 | 25.00 | 0.37 | |
04/03/2018 | 22/04/2018 | 08/05/2018 | 37.50 | 0.56 | |
15/03/2017 | 23/05/2017 | 08/06/2017 | 37.50 | 0.56 | |
08/05/2016 | 26/06/2016 | 24/07/2016 | 25.00 | 0.37 |
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any
Dividend History
Consolidated cash dividend | Cash dividend per share (SAR) | * The stock price at the beginning of the period (SAR) | Return on the base price |
---|---|---|---|
Last 3 Financial years | 1.62 | 14.15 | 11.49 % |
Last 5 Financial years | 1.62 | 14.93 | 10.89 % |
Last 10 Financial years | N/A | N/A | N/A |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}

Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Most Read
- Flynas gets CMA nod to sell 30% stake to public
- Brent crude settles lower, posts gains for third straight week
- CRSD approves 2 class actions against some Abdullah A. M. Al-Khodari executives
- CMA publishes study on evaluating compensation opportunities for affected parties
- Saudi retail sector sees healthy growth on e-commerce, changed consumer patterns: Experts
Valuation Data (Latest Share Price)
P/E (TTM) | NEG |
P/E Before Unusual Items (TTM) | NEG |
P/BV | 1.68 |
Dividend Yield | - |
Market Cap. (M) | 2,704.10 |
Return on Average Assets | (3.40 %) |
Return on Average Equity | (4.37 %) |
Call Request
Comments Analysis: