MARAFIQ board declares 11% cash dividend for H1 2023

03/08/2023 Argaam Exclusive

The board of The Power and Water Utility Company for Jubail and Yanbu (MARAFIQ) approved, on Aug. 2, a cash dividend at SAR 1.1 per share, or 11% of capital, for the first half of 2023. 

 

Dividend Details

Current Capital

SAR 2.5 bln

Number of Shares

250 mln

Dividend

SAR 275 mln

Percentage of Capital

11% (SAR 1.1 per share)

Record Date

Aug. 13, 2023 (Shareholders registered with the Securities Depository Center Company (Edaa) by the end of the second trading day after the record date)

Payment Date

Aug. 30, 2023

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
03/08/2023 13/08/2023 30/08/2023 275.00 1.10
02/03/2023 08/03/2023 23/03/2023 275.00 1.10
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

Valuation Data (Latest Share Price)

P/E (TTM) 37.66
P/E Before Unusual Items (TTM) 37.66
P/BV 1.70
Dividend Yield 3.40 %
Market Cap. (M) 13,775.00
Return on Average Assets 1.59 %
Return on Average Equity 4.50 %

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