Farm Superstores’ shareholders approve 5% cash dividend for 2022

21/05/2023 Argaam Exclusive

Saudi Marketing Co.’s (Farm Superstores) shareholders approved the board’s recommendation to pay a cash dividend at 5%, or SAR 0.5 a share, for 2022, during the extraordinary general meeting (EGM) held on May 18, according to a statement to Tadawul.

 

Dividend Details (2022)

Current Capital

SAR 450 mln

No. of Shares

45 mln

Total Dividend

SAR 22.50 mln

Percentage of Capital

5% (SAR 0.5 a share)

Record Date

May 18, 2023 (Shareholders of record registered with the Securities Depository Center
Co. at the end of the second trading day following the record date)

Payment Date

June 5, 2023

 

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 30.55 1.64 %
Last 5 Financial years 0.50 16.10 3.11 %
Last 10 Financial years 3.42 22.00 15.53 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

23.52
(0.88) (3.61 %)

Valuation Data (Latest Share Price)

P/E (TTM) 49.61
P/E Before Unusual Items (TTM) 45.35
P/BV 1.57
Dividend Yield 0.00 %
Market Cap. (M) 1,058.40
Return on Average Assets 0.92 %
Return on Average Equity 3.22 %

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