Naqi Water shareholders approve 10% cash dividend for Q2, Q3 2022

09/01/2023 Argaam Exclusive

Naqi Water Co.’s shareholders approved the board’s proposal to distribute a cash dividend at 10% of capital, or SAR 1 a share, for the second and third quarters of 2022, during the ordinary general meeting (OGM) held on Jan. 8, according to a statement to Tadawul.

 

Dividend Details

Current Capital

SAR 200 mln

Number of Shares

20 mln

Dividend

SAR 20 mln

Percentage of Capital

10% (SAR 1 per share)

Record Date

Jan. 8

Payment Date

Jan. 18

 

Shareholders also approved authorizing the board of directors to distribute interim dividends quarterly or semi-annually for 2023.

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

64.50
(0.90) (1.38 %)

Valuation Data (Latest Share Price)

P/E (TTM) 41.10
P/E Before Unusual Items (TTM) 41.10
P/BV 4.74
Dividend Yield 1.94 %
Market Cap. (M) 1,290.00
Return on Average Assets 10.49 %
Return on Average Equity 12.00 %

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