AMAK board approves 10% dividend for H1 2023

31/05/2023 Argaam Exclusive

Almasane Alkobra Mining Co.’s (AMAK) board of directors declared, on May 30, a 10% cash dividend, or SAR 1 per share, for the first half of 2023.

Dividend Details (H1 2023)

Current capital

SAR 660 mln

Number of shares*

66 mln

Total dividend 

SAR 64.80 mln

Percentage of capital

10% (SAR 1 per share)

Record date

June 5, 2023 (Shareholders registered with Edaa by the close of the second trading day following the record date)

Payment date

To be set later

*The number of eligible shares stands at 64.80 mln

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
31/05/2023 05/06/2023 15/06/2023 64.80 0.72
14/11/2022 21/11/2022 30/11/2022 38.84 0.43
19/07/2022 26/07/2022 09/08/2022 129.09 1.43
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

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Valuation Data (Latest Share Price)

P/E (TTM) More than 100
P/E Before Unusual Items (TTM) More than 100
P/BV 4.67
Dividend Yield 2.35 %
Market Cap. (M) 5,454.00
Return on Average Assets 2.44 %
Return on Average Equity 3.05 %

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