MEPCO board declares 5% cash dividend for H1 2022

09/10/2022 Argaam Exclusive

Middle East Paper Co.’s (MEPCO) board of directors declared on Oct. 8 the payment of a cash dividend at 5% of capital, or SAR 0.5 a share, for H1 2022, according to a bourse filing.

 

Cash Dividends

Current Capital

SAR 500 mln

Number of Shares

50 mln

Total Dividend

SAR 25 mln

Percentage of Capital

5%, or SAR 0.5 a share

Record Date

Oct. 13, 2022, shareholders registered with Edaa on the second trading day after the record date.

Payment Date

Within 15 days of record date

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
09/10/2022 13/10/2022 25/10/2022 25.00 0.37
17/03/2022 13/06/2022 28/06/2022 50.00 0.75
10/03/2019 11/03/2019 25/03/2019 25.00 0.37
30/10/2018 01/11/2018 14/11/2018 25.00 0.37
04/03/2018 22/04/2018 08/05/2018 37.50 0.56
15/03/2017 23/05/2017 08/06/2017 37.50 0.56
08/05/2016 26/06/2016 24/07/2016 25.00 0.37
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 1.62 10.68 15.22 %
Last 5 Financial years 2.37 14.70 16.16 %
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

36.55
(0.35) (0.95 %)

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 1.92
Dividend Yield -
Market Cap. (M) 3,167.79
Return on Average Assets (3.01 %)
Return on Average Equity (4.96 %)

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