SABIC to pay SAR 1.7/share as dividend for H2 2024
Saudi Basic Industries Corp.’s (SABIC) board of directors decided, during a meeting on Dec. 21, to pay an interim cash dividend at 17% of capital, or SAR 1.7 a share, for H2 2024, according to a statement to Tadawul.
Dividend Details (H2 2024) |
|
Current Capital |
SAR 30 bln |
Number of Shares |
3 bln |
Total Dividends |
SAR 5.1 bln |
Percentage of Capital |
17% (SAR 1.7 a share) |
Record Date |
Feb. 11, 2025 |
Payment Date |
March 4, 2025 |
Dividend Details (2024) |
|
Total Dividend |
SAR 10.2 bln |
Percentage of Capital |
34% (3.4 a share) |
SABIC added that it is keen to continue dividend distribution, despite the challenges in the global petrochemicals markets
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
22/12/2024 | 11/02/2025 | 04/03/2025 | 5,100.00 | 1.70 | |
21/05/2024 | 03/09/2024 | 24/09/2024 | 5,100.00 | 1.70 | |
12/12/2023 | 12/02/2024 | 04/03/2024 | 4,800.00 | 1.60 | |
15/06/2023 | 12/09/2023 | 02/10/2023 | 5,400.00 | 1.80 | |
13/12/2022 | 13/03/2023 | 02/04/2023 | 6,000.00 | 2.00 | |
19/06/2022 | 11/09/2022 | 02/10/2022 | 6,750.00 | 2.25 | |
15/12/2021 | 10/04/2022 | 25/04/2022 | 6,750.00 | 2.25 | |
22/06/2021 | 19/09/2021 | 03/10/2021 | 5,250.00 | 1.75 | |
16/12/2020 | 13/04/2021 | 03/05/2021 | 4,500.00 | 1.50 | |
17/06/2020 | 03/09/2020 | 20/09/2020 | 4,500.00 | 1.50 |
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 | 11.05 | 116.60 | 9.48 % |
Last 5 Financial years | 18.05 | 93.10 | 19.39 % |
Last 10 Financial years | 40.55 | 83.88 | 48.34 % |
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) | More than 100 |
P/E Before Unusual Items (TTM) | 65.03 |
P/BV | 1.22 |
Dividend Yield | 5.07 % |
Market Cap. (M) | 191,100.00 |
Return on Average Assets | 0.54 % |
Return on Average Equity | 0.68 % |
Call Request
Comments Analysis: