Aramco announces SAR 0.46/share dividend for Q3 2023

07/11/2023 Argaam Exclusive

Saudi Arabian Oil Co. (Saudi Aramco) announced a dividend payout of SAR 110.2 billion ($29.4 billion) for Q3 2023. This included SAR 73.2 billion base dividend and SAR 37 billion performance-linked dividend, according to a Tadawul statement today, Nov. 7.

 

Dividend Details (Q3 2023)

Current Capital*

SAR 90 bln

Number of Shares**

241.95 bln

Total Dividend

SAR 110.2 bln

Dividend per Share

SAR 0.455 a share

Base Dividend

SAR 73.2 bln (SAR 0.3024 per share)

Performance-linked Dividend

SAR 37 bln (SAR 0.1530 per share)

Record Date

Nov. 14, 2023 (Shareholders of record by the close of the second trading day following the record date)

Payment Date

Nov. 30, 2023

Dividend Details 9M 2023

Total Dividend

SAR 293.5 bln

Dividend per Share

SAR 1.2 per share

*Shares have no nominal value

** Number of shares entitled for distribution are 241.95 bln

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
07/11/2023 14/11/2023 30/11/2023 110,180.00 0.46
07/08/2023 10/09/2023 27/09/2023 110,180.00 0.46
09/05/2023 16/05/2023 31/05/2023 73,160.00 0.30
12/03/2023 14/03/2023 20/03/2023 73,150.00 0.30
01/11/2022 08/11/2022 28/11/2022 70,330.00 0.29
14/08/2022 21/08/2022 07/09/2022 70,330.00 0.29
15/05/2022 23/05/2022 08/06/2022 70,330.00 0.29
20/03/2022 22/03/2022 31/03/2022 70,330.00 0.29
31/10/2021 04/11/2021 22/11/2021 70,328.07 0.29
08/08/2021 15/08/2021 01/09/2021 70,327.08 0.29
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 4.03 28.81 13.99 %
Last 5 Financial years 6.33 29.10 21.74 %
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

27.95
(0.05) (0.18 %)

Valuation Data (Latest Share Price)

P/E (TTM) 16.50
P/E Before Unusual Items (TTM) 16.49
P/BV 4.54
Dividend Yield 5.13 %
Market Cap. (M) 6,763,900.00
Return on Average Assets 16.53 %
Return on Average Equity 27.02 %

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