Alamar Foods board declares 6% dividend for Q2 2023

13/08/2023 Argaam Exclusive

Alamar Foods Co.’s board of directors announced, on Aug. 10, the payment of a cash dividend at 6% of capital, or SAR 0.6 a share, for Q2 2023, according to a statement to Tadawul.

 

Dividend Details

Current Capital

SAR 255 mln

Number of Shares*

25.25 mln

Total Dividend

SAR 15.15 mln

Percentage of Capital

6% (SAR 0.6 a share)

Record Date

Aug. 21 (Shareholders of record with Edaa at the end of the second trading day following the record date)

Payment Date

Sept. 4, 2023

*Eligible shares are 25.24 million
 

Dividend Details (H1 2023)

Total Dividend

SAR 27.77 mln

Percentage of Capital

11% (SAR 1.1 per share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
13/08/2023 21/08/2023 04/09/2023 15.15 0.60
14/05/2023 23/05/2023 05/06/2023 12.62 0.50
26/03/2023 03/04/2023 13/04/2023 25.24 1.00
16/11/2022 27/11/2022 12/12/2022 17.70 0.70
22/08/2022 30/08/2022 20/09/2022 43.00 1.69
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

76.60
0.60 0.79 %

Valuation Data (Latest Share Price)

P/E (TTM) 89.01
P/E Before Unusual Items (TTM) 85.03
P/BV 6.68
Dividend Yield 2.17 %
Market Cap. (M) 1,953.30
Return on Average Assets 3.15 %
Return on Average Equity 7.03 %

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