Alamar board approves 16.86% cash dividend for H1 2022

22/08/2022 Argaam Exclusive

Alamar Foods Co.’s board of directors approved a 16.86% cash dividend for the first half of 2022, at SAR 1.69 per share, amounting to SAR 43 million, the company said in a bourse statement.

 

Dividend (H1 2022)  

Current Capital 

SAR 255 mln

Number of Shares 

25.5 mln

Total Dividends 

SAR 43 mln

Percentage of Capital 

16.86% (SAR 1.69 per share)

Record Date 

Aug. 30, 2022, including shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the record date.

Payment Date 

Sept. 20, 2022

 

According to the data available with Argaam, this is the first cash dividend for the company, since it listed on the Saudi Exchange (Tadawul) on August 9, 2022. 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
22/08/2022 30/08/2022 20/09/2022 43.00 1.69
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

76.60
0.60 0.79 %

Valuation Data (Latest Share Price)

P/E (TTM) 89.01
P/E Before Unusual Items (TTM) 85.03
P/BV 6.68
Dividend Yield 2.17 %
Market Cap. (M) 1,953.30
Return on Average Assets 3.15 %
Return on Average Equity 7.03 %

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