Astra shareholders approve 25% cash dividend for 2022

29/05/2023 Argaam Exclusive

Astra Industrial Group’s shareholders approved the payment of a cash dividend at 25% of capital, or SAR 2.5 a share, for 2022, during the ordinary general meeting (OGM) held on May 28, 2023, according to a statement to Tadawul.  

 

Shareholders also authorized the board of directors to distribute cash dividends on a quarterly or semi-annual basis for 2023, the statement added. 

 

Cash Dividends Details

Current Capital

SAR 800 mln

No. of Shares

80 mln

Total Dividend

SAR 200 mln

Percentage of Capital

25% (SAR 2.5 a share)

Record Date

May 28, 2023 (Shareholders of record registered with the Securities Depository Center Company (Edaa) at the end of the second trading day following the record date)

Payment Date

June 4, 2023

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
16/03/2023 28/05/2023 04/06/2023 200.00 2.50
16/03/2022 21/04/2022 28/04/2022 120.00 1.50
11/03/2021 11/04/2021 20/04/2021 60.00 0.75
28/03/2018 17/05/2018 07/06/2018 40.00 0.50
19/03/2017 16/05/2017 06/06/2017 40.00 0.50
10/03/2015 28/04/2015 18/05/2015 55.60 0.70
26/02/2014 29/04/2014 14/05/2014 129.70 1.62
23/02/2013 22/04/2013 14/05/2013 129.70 1.62
19/02/2012 28/05/2012 13/06/2012 129.70 1.62
21/02/2011 30/04/2011 22/05/2011 111.20 1.39
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 6.50 25.00 26.00 %
Last 5 Financial years 7.25 16.18 44.81 %
Last 10 Financial years 8.95 48.15 18.58 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

168.60
0.40 0.24 %

Valuation Data (Latest Share Price)

P/E (TTM) 22.777
P/E Before Unusual Items (TTM) 24.827
P/BV 5.65
Dividend Yield 1.88 %
Market Cap. (M) 13,488.00
Return on Average Assets 13.08 %
Return on Average Equity 27.04 %

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