Retal board declares 16% cash dividend for H1 2023

01/08/2023 Argaam Exclusive

Retal Urban Development Co.’s board of directors approved, on July 31, a 16% cash dividend, at SAR 0.16 per share, for H1 2023, the company said in a statement to Tadawul.

 

Dividend Details (H1 2023)

Current Capital

SAR 500 million

Number of Shares

500 mln

Total Dividend

SAR 80 mln

Percentage of Capital

16% (SAR 0.16 per share)

Record Date

Sept. 28, 2023 (Shareholders registered with Edaa at the end of the second trading day following the record date).

Payment Date

Oct. 10, 2023

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
01/08/2023 28/09/2023 10/10/2023 80.00 0.16
01/03/2023 02/05/2023 11/05/2023 120.00 0.24
09/08/2022 29/09/2022 12/10/2022 80.00 0.16
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) 26.31
P/E Before Unusual Items (TTM) 26.31
P/BV 8.10
Dividend Yield 3.76 %
Market Cap. (M) 5,870.00
Return on Average Assets 6.52 %
Return on Average Equity 29.73 %

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