Saudi Catering board recommends 5% cash dividend for 2022

23/03/2023 Argaam Exclusive

Saudi Airlines Catering Co.'s (Catering) board of directors recommended, on March 22, a 5% cash dividend, at SAR 0.5 per share, for 2022, amounting to SAR 41 million, according to a Tadawul statement.

 

Dividend Details

Current capital

SAR 820 mln

Number of shares

82 mln

Dividend

SAR 41 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

April 2, 2023 (Shareholders registered with Edaa at the end of the second trading day following the record date)

Payment date

April 30, 2023

 

The last dividend paid by the company was in Q4 2019, when it paid 14% or SAR 1.4 a share, totaling SAR 114.8 million. The total dividend for 2019 reached 55.5% or SAR 5.55 a share, totaling SAR 455.6 million, according to data available with Argaam.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/03/2023 02/04/2023 30/04/2023 41.00 0.50
18/02/2020 12/03/2020 27/10/2020 114.80 1.40
06/11/2019 21/11/2019 11/12/2019 123.00 1.50
07/08/2019 22/08/2019 12/09/2019 110.70 1.35
12/05/2019 16/06/2019 30/06/2019 106.60 1.30
27/02/2019 24/03/2019 10/04/2019 106.60 1.30
07/11/2018 20/12/2018 10/01/2019 123.00 1.50
05/08/2018 12/09/2018 26/09/2018 114.80 1.40
06/05/2018 21/06/2018 03/07/2018 110.70 1.35
28/03/2018 05/04/2018 23/04/2018 106.60 1.30
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 2.60 77.70 3.35 %
Last 5 Financial years 8.15 80.90 10.07 %
Last 10 Financial years 39.55 141.00 28.05 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

127.20
(0.80) (0.63 %)

Valuation Data (Latest Share Price)

P/E (TTM) 32.14
P/E Before Unusual Items (TTM) 32.64
P/BV 7.67
Dividend Yield 1.63 %
Market Cap. (M) 10,397.60
Return on Average Assets 14.22 %
Return on Average Equity 25.20 %

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