Riyadh Development board declares 2.5% dividend for H1 2024

31/07/2024 Argaam Exclusive

Riyadh Development Co.’s board of directors decided today, July 31, to distribute a 2.5% cash dividend, or 0.25 a share, for the first half of 2024, as indicated below:

 

Dividend Details

Current capital

SAR 1.77 bln

Number of shares

177.78 mln

Total dividend

SAR 44.44 mln

Percentage of capital

2.5% (SAR 0.25/share)

Record date

Sept. 1, 2024

Payment date

Sept. 19, 2024

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
31/07/2024 01/09/2024 19/09/2024 44.44 0.25
10/03/2024 23/04/2024 14/05/2024 88.89 0.50
27/07/2023 10/08/2023 31/08/2023 44.44 0.25
21/03/2023 30/04/2023 18/05/2023 44.44 0.25
29/09/2022 10/10/2022 30/10/2022 44.44 0.25
20/02/2022 12/05/2022 31/05/2022 88.89 0.50
14/07/2021 09/09/2021 30/09/2021 177.78 1.00
11/03/2021 18/04/2021 06/05/2021 115.56 0.65
22/07/2020 13/09/2020 04/10/2020 88.89 0.50
12/03/2020 19/04/2020 06/05/2020 88.89 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 2.75 17.02 16.16 %
Last 5 Financial years 4.80 13.13 36.56 %
Last 10 Financial years 9.45 15.87 59.55 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

27.20
(0.30) (1.09 %)

Valuation Data (Latest Share Price)

P/E (TTM) 13.58
P/E Before Unusual Items (TTM) 14.09
P/BV 1.97
Dividend Yield 3.55 %
Market Cap. (M) 4,835.62
Return on Average Assets 13.02 %
Return on Average Equity 15.20 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
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.