Tanmiah Food shareholders approve 35% cash dividend for 2022

08/06/2023 Argaam Exclusive

Shareholders of Tanmiah Food Co. approved the board’s recommendation to pay a cash dividend at 35% of capital, or SAR 3.5 a share for 2022, during the extraordinary general meeting (EGM) held on June 7, as shown below:

 

Dividend Details (2022)

Current Capital

SAR 200 mln

Number of Shares

20 mln shares

Total Dividend

SAR 70 mln

Dividend (%)

35% (SAR 3.5 a share)

Record Date

June 7, 2022 (Shareholders of record registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day after the general meeting).

Payment Date

July 4, 2023

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
27/04/2023 07/06/2023 04/07/2023 70.00 3.50
23/03/2022 14/04/2022 28/04/2022 10.20 0.51
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 5.91 87.10 6.79 %
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

124.20
(0.80) (0.64 %)

Valuation Data (Latest Share Price)

P/E (TTM) 26.15
P/E Before Unusual Items (TTM) 26.15
P/BV 3.84
Dividend Yield 1.84 %
Market Cap. (M) 2,496.00
Return on Average Assets 4.56 %
Return on Average Equity 15.34 %

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