Alamar Foods board declares 7% cash dividend for Q3 2022

16/11/2022 Argaam Exclusive

Alamar Foods Co.’s board of directors announced, on Nov. 15, the payment of a cash dividend at 7% of capital, or SAR 0.70 a share, for Q3 2022, according to a statement to Tadawul.

 

Dividend Details

Current Capital

SAR 255 mln

Number of Shares*

25.5 mln

Total Dividend

SAR 17.70 mln

Percentage of Capital

7%, (SAR 0.70 a share)

Record Date

Nov. 27, 2022 (Shareholders of record with Edaa on the second trading day following the record date)

Payment Date

Dec. 12, 2022

*Eligible shares are 25.28 million
 

These dividends are the company’s second since listing its shares on Tadawul on Aug. 9, 2022. It paid a cash dividend at SAR 1.69 a share for H1 2022.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
16/11/2022 27/11/2022 12/12/2022 17.70 0.70
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

78.90
0.60 0.77 %
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Valuation Data (Latest Share Price)

P/E (TTM) 89.06
P/E Before Unusual Items (TTM) 84.29
P/BV 6.99
Dividend Yield 2.17 %
Market Cap. (M) 2,011.95
Return on Average Assets 3.24 %
Return on Average Equity 7.33 %

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