SABIC Agri-Nutrients board recommends 80% cash dividend for H2 2022

20/12/2022 Argaam Exclusive

SABIC Agri-Nutrients Co.’s board of directors recommended, on Dec. 19, an 80% cash dividend, or SAR 8 per share, for the second half of 2022, the company said in a statement to Tadawul.

 

Dividend Details (H2 2022)

Current capital 

SAR 4.760 bln

Number of shares 

476.04 mln

Dividend 

SAR 3.808 bln

Percentage of capital 

80% (SAR 8 per share)

Record date

Shareholders of record by the close of trading on the general meeting date, to be determined later, as well as those registered with the Securities Depository Center by the end of the second trading session following the general meeting date

Payment date

Later

 

 

Total Dividend for 2022

Total Dividend

SAR 5.712 bln

Percentage of Capital

120% (SAR 12 per share)

 

The board had recommended a cash dividend at SAR 4 per share for the second half of 2022, but due to the company's outstanding performance, the board recommended the distribution of additional SAR 4. Thus, the total dividend for H2 2022 reached SAR 8 per share, the company said.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
20/12/2022 26/03/2023 13/04/2023 3,808.28 8.00
29/06/2022 17/07/2022 01/08/2022 1,904.14 4.00
20/12/2021 13/04/2022 27/04/2022 1,428.11 3.00
14/06/2021 30/06/2021 14/07/2021 595.04 1.25
15/12/2020 11/04/2021 25/04/2021 476.04 1.14
14/05/2020 21/06/2020 05/07/2020 416.67 1.00
16/12/2019 29/03/2020 12/04/2020 625.00 1.50
19/05/2019 16/07/2019 30/07/2019 625.00 1.50
17/12/2018 07/04/2019 21/04/2019 625.00 1.50
10/06/2018 25/07/2018 08/08/2018 416.67 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 18.39 77.80 23.64 %
Last 5 Financial years 23.89 65.07 36.72 %
Last 10 Financial years 49.34 123.80 39.86 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

112.00
1.20 1.08 %

Valuation Data (Latest Share Price)

P/E (TTM) 15.91
P/E Before Unusual Items (TTM) 15.31
P/BV 2.86
Dividend Yield 4.34 %
Market Cap. (M) 53,316.48
Return on Average Assets 13.71 %
Return on Average Equity 18.53 %

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