Makkah Construction shareholders to vote on 10% dividend on June 6

15/05/2023 Argaam Exclusive

Shareholders of Makkah Construction and Development Co. will vote on the board of directors’ recommendation on a 10% cash dividend, or SAR 1 per share, for 2022, during the ordinary general meeting (OGM) scheduled for June 6.

Dividend Details

Current Capital

SAR 1.64 bln

Number of Shares*

164.82 mln

Total Dividend

SAR 164.82 mln

Percentage of Capital

10% (SAR 1 a share)

Record Date

June 6, 2023 (Shareholders of record who are registered with Edaa at the end of the second trading day following record date)

Payment Date

To be determined later

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
30/03/2023 06/06/2023 20/06/2023 164.82 1.00
12/03/2020 19/04/2020 14/05/2020 247.22 1.50
25/03/2019 01/05/2019 22/05/2019 329.63 2.00
02/04/2018 21/05/2018 06/06/2018 329.63 2.00
23/03/2017 21/05/2017 12/06/2017 412.04 2.50
31/03/2016 31/05/2016 22/06/2016 412.04 2.50
06/04/2015 15/06/2015 28/06/2015 412.04 2.50
24/04/2014 25/06/2014 08/07/2014 412.04 2.50
04/05/2013 07/07/2013 18/07/2013 412.04 2.50
15/05/2012 18/07/2012 24/07/2012 329.60 2.00
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 1.00 75.10 1.33 %
Last 5 Financial years 4.50 74.94 6.00 %
Last 10 Financial years 16.50 40.60 40.64 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 46.76
P/E Before Unusual Items (TTM) 49.68
P/BV 3.99
Dividend Yield 2.02 %
Market Cap. (M) 17,602.37
Return on Average Assets 7.79 %
Return on Average Equity 8.83 %

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