Retal shareholders approve 20% cash dividend for H1 2022

02/10/2022 Argaam Exclusive

Retal Urban Development Co.’s shareholders approved a cash dividend at SAR 2 a share, or 20% of capital, for H1 2022, during the extraordinary general meeting (EGM) held on Sept. 29, according to a bourse filing.

 

Dividend Details

Current Capital

SAR 400 mln

Number of Shares

40 mln

Total Dividend

SAR 80 mln

Percentage of Capital

20% (SAR 2 per share)

Record Date

Sept. 29, 2022

Payment Date

Oct. 12, 2022

 

This is the first dividend distribution of the company since its listing on Tadawul in June 2022.

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

Valuation Data (Latest Share Price)

P/E (TTM) 34.47
P/E Before Unusual Items (TTM) 34.47
P/BV 9.70
Dividend Yield 3.76 %
Market Cap. (M) 7,730.00
Return on Average Assets 6.38 %
Return on Average Equity 29.43 %

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