Naqi Water board recommends 10% cash dividend for Q2, Q3 2022

13/12/2022 Argaam Exclusive

Naqi Water Co.’s board of directors, in meeting on Dec. 12, recommended paying 10% cash dividend, or SAR 1 per share, for the second and third quarters of 2022, according to a statement to Tadawul.

 

Dividend Details (Q2, Q3 2022)

Current Capital

SAR 200 mln

Number of Shares

20 mln

Total Dividend

SAR 20 mln

Percentage of Capital

10% (SAR 1 per share)

Record Date

Shareholders on the date of the general assembly meeting that approves the recommendation and those registered with the Securities Depository Center (Edaa) at the end of the second trading day following the meeting date 

Payment Date

To be set later 

 

This will be the first dividend payment since Naqi Water listed on the Saudi Exchange (Tadawul) in August, according to data available with Argaam

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
13/12/2022 08/01/2023 18/01/2023 20.00 1.00
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

61.10
0.60 0.99 %

Valuation Data (Latest Share Price)

P/E (TTM) 38.93
P/E Before Unusual Items (TTM) 38.93
P/BV 4.49
Dividend Yield 1.94 %
Market Cap. (M) 1,222.00
Return on Average Assets 10.49 %
Return on Average Equity 12.00 %

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