Retal board proposes 20% cash dividend for H1 2022

09/08/2022 Argaam Exclusive

Retal Urban Development Co. board of directors recommended, on Aug. 8, a 20% cash dividend for the first half of 2022, at SAR 1.10 per share.

 

Dividend Details (H1 2022)

Current Capital

SAR 400 mln

Number of Shares

40 mln

Dividend

SAR 80 mln

Percentage of Capital

20% (SAR 2 per share)

Record Date

By the close of trading on the general assembly meeting date and shareholders registered with Edaa by the close of the second trading day after the meeting date

Payment Date

To be determined later

 

According to the data available on Argaam, this is the first cash dividend payout by Retal since its listing on the Saudi Exchange (Tadawul) last June.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
09/08/2022 29/09/2022 12/10/2022 80.00 0.16
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

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Valuation Data (Latest Share Price)

P/E (TTM) 26.31
P/E Before Unusual Items (TTM) 26.31
P/BV 8.10
Dividend Yield 3.76 %
Market Cap. (M) 5,870.00
Return on Average Assets 6.52 %
Return on Average Equity 29.73 %

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