Farm Superstores board plans 5% cash dividend for 2022

29/03/2023 Argaam Exclusive

Saudi Marketing Co.’s (Farm Superstores) board of directors recommended today, March 29, a 5% cash dividend for 2022, at SAR 0.5 per share, amounting to SAR 22.5 million, the company said in a Tadawul statement.

 

Dividend Details (2022)  

Current Capital 

SAR 450 mln

Number of Shares 

45 mln

Total Dividends 

SAR 22.50 mln

Percentage of Capital 

5% (SAR 0.5 per share)

Record Date 

Shareholders of record on the general meeting date that will be determined later, and those who are registered with Edaa by the close of the second trading day following the general meeting date

Payment Date 

To be determined

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
29/03/2023 18/05/2023 05/06/2023 22.50 0.50
28/03/2018 30/04/2018 14/05/2018 33.75 0.75
18/01/2017 04/05/2017 23/05/2017 45.00 1.00
04/06/2015 25/06/2015 05/07/2015 52.50 1.17
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 0.50 15.90 3.14 %
Last 5 Financial years 0.50 23.05 2.17 %
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

22.08
0.28 1.28 %

Valuation Data (Latest Share Price)

P/E (TTM) 42.21
P/E Before Unusual Items (TTM) 26.05
P/BV 1.46
Dividend Yield 0.00 %
Market Cap. (M) 993.60
Return on Average Assets 1.01 %
Return on Average Equity 3.52 %

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