SIIG board approves 5% cash dividend for H2 2023

17/12/2023 Argaam Exclusive

Saudi Industrial Investment Group’s (SIIG) board of directors recommended the distribution of cash dividends at 5% of capital, or SAR 0.5 per share, for the second half of 2023, the company said in a statement to Tadawul.

Dividend Details (H2 2023)

Current Capital

SAR 7548 mln

Number of shares

754.8 mln

Total Dividend

SAR 377.4 mln

Percentage of Capital

5% (or SAR 0.5 per share)

Record Date

Dec. 18, 2023, and shareholders registered with the Securities Depository Center Co. (Edaa) on the second trading day following the general meeting date.

Payment Date

Jan. 4, 2024

 

Dividend Details (2023)

Total Dividend

SAR 754.8 mln

Percentage of Capital

10% (SAR 1 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
17/12/2023 18/12/2023 04/01/2024 377.40 0.50
01/08/2023 08/08/2023 24/08/2023 377.40 0.50
05/12/2022 08/12/2022 22/12/2022 566.10 0.75
17/04/2022 14/04/2022 27/04/2022 566.10 0.75
17/04/2022 30/06/2022 21/07/2022 566.10 0.75
03/06/2021 30/06/2021 15/07/2021 225.00 0.50
22/12/2020 31/12/2020 14/01/2021 225.00 0.50
16/04/2020 30/06/2020 14/07/2020 225.00 0.50
22/12/2019 31/12/2019 12/01/2020 337.50 0.75
09/04/2019 30/06/2019 11/07/2019 337.50 0.75
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 3.75 26.45 14.18 %
Last 5 Financial years 6.25 22.08 28.31 %
Last 10 Financial years 9.50 32.50 29.23 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 66.47
P/E Before Unusual Items (TTM) 66.47
P/BV 1.36
Dividend Yield 4.50 %
Market Cap. (M) 13,375.06
Return on Average Assets 1.92 %
Return on Average Equity 1.99 %

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