Riyadh Cables board plans 20% dividend for H2 2024
Riyadh Cables Group Co.’s board of directors recommended a 20% cash dividend, or SAR 2 a share, for the second half of 2024.
Dividend Details (H2 2024) |
|
Current Capital |
SAR 1.5 bln |
Number of Shares* |
150 mln |
Total Dividend |
SAR 299.44 mln |
Payment Ratio |
20% (SAR 2 a share) |
Record Date |
Shareholders of record with Edaa on the close of the second trading day following the general assembly date (to be set later) |
Payment Date |
To be set later |
*149.72 mln shares eligible for dividend payout
Cash Dividends (2024) |
|
Total Dividends |
SAR 524.02 mln |
Percentage of Capital |
35% (SAR 3.5 a share) |
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
10/03/2025 | 17/04/2025 | 07/05/2025 | 299.44 | 2.00 | |
04/09/2024 | 19/09/2024 | 10/10/2024 | 224.58 | 1.50 | |
07/03/2024 | 21/04/2024 | 12/05/2024 | 224.58 | 1.50 | |
04/10/2023 | 16/10/2023 | 06/11/2023 | 149.97 | 1.00 | |
12/03/2023 | 20/06/2023 | 13/07/2023 | 225.00 | 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 | 7.49 | 37.80 | 19.82 % |
Last 5 Financial years | N/A | N/A | N/A |
Last 10 Financial years | N/A | N/A | N/A |
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) | 22.41 |
P/E Before Unusual Items (TTM) | 22.41 |
P/BV | 6.97 |
Dividend Yield | 2.54 % |
Market Cap. (M) | 18,300.00 |
Return on Average Assets | 15.35 % |
Return on Average Equity | 33.53 % |
Call Request
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