Budget Saudi board recommends 15% cash dividend for H2 2022

23/02/2023 Argaam Exclusive

United International Transportation Co.'s (Budget Saudi) board of directors, in a meeting today, Feb 23, recommended the distribution of a cash dividend at SAR 1.50 per share, or 15% of capital, for the second half of 2022, according to a statement to Tadawul.

Dividend Details

Current Capital

SAR 711.67 mln

Number of Shares

71.17 mln

Dividend

SAR 106.75 mln

Percentage of Capital

15% (or SAR 1.50 per share)

Record Date

Shareholders of record on the eligibility date and registered with Securities Depository Center Company (Edaa) by the end of the second trading day after the general assembly meeting date.

Payment Date

To be announced later

 

Dividend Details (2022)

Dividend

SAR 142.33 mln

Percentage of Capital

20% (or SAR 2 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/02/2023 13/04/2023 09/05/2023 106.75 1.50
31/07/2022 18/08/2022 01/09/2022 35.58 0.50
30/03/2022 17/05/2022 02/06/2022 92.52 1.30
22/08/2021 01/09/2021 20/09/2021 42.70 0.60
07/02/2021 29/04/2021 10/05/2021 88.96 1.25
23/07/2020 28/07/2020 20/08/2020 35.58 0.50
20/04/2020 15/06/2020 01/07/2020 35.58 0.50
27/10/2019 31/10/2019 19/11/2019 35.58 0.50
03/02/2019 18/04/2019 08/05/2019 106.75 1.50
01/02/2018 30/04/2018 14/05/2018 106.75 1.50
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 5.65 36.95 15.29 %
Last 5 Financial years 8.15 26.72 30.50 %
Last 10 Financial years 13.73 18.61 73.77 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 20.75
P/E Before Unusual Items (TTM) 20.75
P/BV 2.23
Dividend Yield 1.73 %
Market Cap. (M) 5,784.58
Return on Average Assets 7.24 %
Return on Average Equity 12.72 %

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