Sipchem board OKs 7.5% cash dividend for H2 2023
The board of Sahara International Petrochemical Co. (Sipchem) declared, on Dec. 11, a 7.5% cash dividend, or SAR 0.75 per share, for the second half of 2023, according to a Tadawul statement.
Dividend Details (H2 2023) |
|
Current Capital |
SAR 7.33 bln |
Number of Shares* |
733.33 mln |
Total Dividend |
SAR 543.84 mln |
Percentage of Capital |
7.5% (SAR 0.75 per share) |
Record Date |
Dec. 13, 2023 (Shareholders registered with the Securities Depository Center Co. by the close of the second trading day following the record date) |
Payment Date |
Dec. 25, 2023 |
Full-Year Dividend |
|
Dividend |
SAR 1.45 bln |
Percentage of capital |
20% |
*Number of shares eligible for dividend stands at 725.12 mln
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
12/12/2023 | 13/12/2023 | 25/12/2023 | 543.84 | 0.75 | |
22/06/2023 | 06/07/2023 | 19/07/2023 | 906.40 | 1.25 | |
01/12/2022 | 05/12/2022 | 15/12/2022 | 1,087.68 | 1.50 | |
29/06/2022 | 06/07/2022 | 27/07/2022 | 1,270.89 | 1.75 | |
15/12/2021 | 20/12/2021 | 30/12/2021 | 1,090.74 | 1.49 | |
23/06/2021 | 30/06/2021 | 14/07/2021 | 550.00 | 0.75 | |
15/12/2020 | 24/12/2020 | 06/01/2021 | 366.67 | 0.50 | |
26/09/2019 | 02/10/2019 | 16/10/2019 | 440.00 | 0.60 | |
24/12/2018 | 01/01/2019 | 15/01/2019 | 238.33 | 0.65 | |
26/07/2018 | 01/08/2018 | 15/08/2018 | 183.33 | 0.50 |
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 | 7.49 | 17.02 | 43.99 % |
Last 5 Financial years | 8.59 | 20.00 | 42.94 % |
Last 10 Financial years | 12.09 | 32.20 | 37.54 % |
Based on the beginning of the period (January 1 of the base year)
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Valuation Data (Latest Share Price)
P/E (TTM) | 35.79 |
P/E Before Unusual Items (TTM) | 63.86 |
P/BV | 1.00 |
Dividend Yield | 3.97 % |
Market Cap. (M) | 15,253.26 |
Return on Average Assets | 1.98 % |
Return on Average Equity | 2.29 % |
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