Saudi Cement shareholders approve 17.5% cash dividend for H2 2022
Saudi Cement Co.’s shareholders approved the board’s recommendation to distribute cash dividends at SAR 1.75 a share, or 17.5% of capital for H2 2022, during the ordinary general meeting (OGM) held on April 13, according to a statement to Tadawul.
Cash Dividends (H2 2022) |
|
Current Capital |
SAR 1.53 bln |
No. of Shares |
153 mln |
Total Dividends |
SAR 267.75 mln |
Percentage of Capital |
17.5% (SAR 1.75 a share) |
Record Date |
April 13, 2023 (Shareholders registered with Edaa on the second trading day following the record date) |
Payment Date |
May 7, 2023 |
|
|
Total Dividends 2022 |
|
Percentage of Capital |
32.5% of capital (SAR 3.25 a share) |
Total Dividends |
SAR497.25 mln |
Shareholders also authorized the board to distribute interim cash dividends for 2023 on a semi-annual or a quarterly basis, the statement added.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
01/02/2023 | 13/04/2023 | 07/05/2023 | 267.75 | 1.75 | |
02/06/2022 | 05/06/2022 | 15/06/2022 | 229.50 | 1.50 | |
01/02/2022 | 10/04/2022 | 20/04/2022 | 306.00 | 2.00 | |
02/06/2021 | 06/06/2021 | 16/06/2021 | 229.50 | 1.50 | |
03/02/2021 | 07/04/2021 | 19/04/2021 | 306.00 | 2.00 | |
10/06/2020 | 15/06/2020 | 25/06/2020 | 229.50 | 1.50 | |
06/02/2020 | 21/04/2020 | 05/05/2020 | 306.00 | 2.00 | |
29/05/2019 | 12/06/2019 | 02/07/2019 | 229.50 | 1.50 | |
06/02/2019 | 16/04/2019 | 01/05/2019 | 267.75 | 1.75 | |
28/05/2018 | 05/06/2018 | 02/07/2018 | 229.50 | 1.50 |
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 | 10.25 | 69.90 | 14.66 % |
Last 5 Financial years | 17.00 | 47.67 | 35.66 % |
Last 10 Financial years | 45.50 | 96.25 | 47.27 % |
Most Read
- Istedamah Holding sells 54% stake in MBC to PIF for SAR 7.5B
- Saudi Arabia’s workforce hits 16.8M by Q2-end
- BinDawood Holding details full acquisition of Zahrat Al Rawdah for SAR 444M
- HPDC and BRF Global Elevate Halal Poultry Sector through Strategic Investment in Addoha Poultry Company
- WSM renews SAR 3M financing agreement with SNB
Valuation Data (Latest Share Price)
P/E (TTM) | 16.32 |
P/E Before Unusual Items (TTM) | 16.32 |
P/BV | 3.02 |
Dividend Yield | 4.75 % |
Market Cap. (M) | 6,089.40 |
Return on Average Assets | 11.50 % |
Return on Average Equity | 18.56 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}