Elm shareholders approve 30% cash dividend for 2021

10/05/2022 Argaam Exclusive

Elm Co.’s shareholders approved the board’s recommendation to pay a cash dividend at 30% of capital, or SAR 3 a share, for 2021, during the ordinary general meeting (OGM), held on May 9, according to a bourse filing.

 

Shareholders also authorized the board of directors to pay interim dividend on a semi-annual or quarterly basis for 2022.

 

Cash Dividend Details (2021)

Current Capital

SAR 800 mln

Number of Shares

77.60 mln

Total Dividend

SAR 232.80 mln

Payment Ratio

30% (SAR 3 a share)

Record Date

May 9, 2022

Payment Date

May 22. 2022

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/03/2022 09/05/2022 22/05/2022 232.80 3.00
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 N/A N/A N/A
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)

Historical Dividends

1,117.00
(48.00) (4.12 %)

Valuation Data (Latest Share Price)

P/E (TTM) 59.89
P/E Before Unusual Items (TTM) 59.89
P/BV 19.66
Dividend Yield 0.83 %
Market Cap. (M) 89,360.00
Return on Average Assets 18.69 %
Return on Average Equity 36.99 %

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