Zain KSA shareholders to discuss 5% dividend for 2022 on June 22

01/06/2023 Argaam Exclusive

Shareholders of Mobile Telecommunication Company Saudi Arabia (Zain KSA) will discuss the board proposal to pay a cash dividend at 5% of capital, or SAR 0.5 a share, for 2022, during the ordinary general meeting (OGM) slated for June 22, according to a statement to Tadawul.

 

Cash Dividend Details

Current Capital

SAR 8.98 bln

Number of shares

898.7 mln shares

Total Dividend

SAR 449.4 mln

Percentage of Capital

5% (SAR 0.5 per share)

Record Date

Shareholders registered with Edaa by the close of trading on the second day following the OGM date

Payment Date

To be set later

 

This is Zain KSA’s first dividend since the company’s listing on Tadawul in 2008.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
26/03/2023 22/06/2023 12/07/2023 449.36 0.50
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 13.48 7.42 %
Last 5 Financial years 1.00 8.31 12.04 %
Last 10 Financial years 1.00 17.80 5.62 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 35.08
P/E Before Unusual Items (TTM) NEG
P/BV 0.90
Dividend Yield 3.55 %
Market Cap. (M) 9,400.72
Return on Average Assets 0.97 %
Return on Average Equity 2.58 %

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