Fitaihi shareholders approve 4% cash dividend for 2022

07/05/2023 Argaam Exclusive

Fitaihi Holding Group’s shareholders approved the board’s recommendation to pay a cash dividend at 4%, or SAR 0.40 a share, for 2022, during the extraordinary general meeting held on May 4, according to a statement to Tadawul.

 

Dividend Details (2022)

Current Capital

SAR 275 mln

Number of Shares

27.50 mln

Total Dividend

SAR 11 mln

Percentage of Capital

4% (SAR 0.40 a share)

Record Date

May 4, 2023 (Shareholders of record registered with the Securities Depository Center
Company at the end of the second trading day following the record date)

Payment Date

May 18, 2023

 

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

 

They also endorsed the amendment of some Articles of Association, as well as re-arranging and renumbering the articles to comply with the proposed amendments (from 16 to 46 due to the removal of some articles).

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
01/01/2023 04/05/2023 18/05/2023 11.00 0.04
07/11/2021 14/11/2021 30/11/2021 13.75 0.05
07/03/2021 11/03/2021 31/03/2021 11.00 0.04
11/11/2020 17/11/2020 07/12/2020 11.00 0.04
05/08/2019 08/08/2019 29/08/2019 11.00 0.04
20/03/2019 18/04/2019 01/05/2019 13.75 0.05
07/11/2018 12/11/2018 26/11/2018 13.75 0.05
29/03/2018 14/05/2018 27/05/2018 27.50 0.10
20/01/2014 23/03/2014 03/04/2014 27.50 0.10
09/01/2013 27/03/2013 08/04/2013 27.50 0.10
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 0.09 2.95 3.05 %
Last 5 Financial years 0.21 1.85 11.38 %
Last 10 Financial years 0.41 2.83 14.50 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

4.25
0.06 1.43 %

Valuation Data (Latest Share Price)

P/E (TTM) 96.33
P/E Before Unusual Items (TTM) 96.33
P/BV 2.48
Dividend Yield 1.34 %
Market Cap. (M) 1,168.75
Return on Average Assets 2.50 %
Return on Average Equity 2.60 %

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