Al Arabia board recommends 4% cash dividend for H2 2022

21/05/2023 Argaam Exclusive

Arabian Contracting Services Co.'s (Al Arabia) board of directors recommended today, May 21, a 4% cash dividend, at SAR 0.4 per share, for H2 2022, amounting to SAR 20 million, according to a Tadawul statement.

 

Dividend Details

Current capital

SAR 500 mln

Number of shares

50 mln

Dividend

SAR 20 mln

Percentage of capital

4% (SAR 0.4 per share)

Record date

Shareholders registered with Edaa at the end of the second trading day following the general meeting date, to be set later

Payment date

Later

 

Total dividends (2022)

Total dividends

SAR 115 mln

Percentage of capital

23% (SAR 2.3 a share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
21/05/2023 21/06/2023 13/07/2023 20.00 0.40
04/09/2022 04/10/2022 19/10/2022 95.00 1.90
07/03/2022 10/05/2022 19/05/2022 92.50 1.85
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 N/A N/A N/A
Last 5 Financial years N/A N/A N/A
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

152.40
(0.60) (0.39 %)

Valuation Data (Latest Share Price)

P/E (TTM) 28.03
P/E Before Unusual Items (TTM) 28.03
P/BV 5.89
Dividend Yield -
Market Cap. (M) 7,620.00
Return on Average Assets 7.17 %
Return on Average Equity 23.35 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.