Riyadh Cables to distribute 10% dividend for H1 2023

04/10/2023 Argaam Exclusive

Riyadh Cables Group Co.’s board of directors declared, on Oct. 3, a 10% cash dividend, or SAR 1 a share, for the first half of 2023.

 

Dividend Details (H1 2023)

Current Capital

SAR 1.5 bln

Number of Shares*

150 mln

Total Dividend

SAR 149.97 mln

Payment Ratio

10% (SAR 1 a share)

Record Date

Oct. 16, 2023

Payment Date

Within 15 business days from record date

 * The number of shares eligible to receive the dividend is 149.97 mln.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
04/10/2023 16/10/2023 06/11/2023 149.97 1.00
12/03/2023 20/06/2023 13/07/2023 225.00 1.50
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 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

117.00
2.00 1.74 %

Valuation Data (Latest Share Price)

P/E (TTM) 25.08
P/E Before Unusual Items (TTM) 24.70
P/BV 6.63
Dividend Yield 2.70 %
Market Cap. (M) 17,550.00
Return on Average Assets 12.92 %
Return on Average Equity 28.45 %

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