AMAK board approves 6.5% dividend for H2 2023

07/01/2024 Argaam Exclusive

Almasane Alkobra Mining Co.’s (AMAK) board of directors declared, On Jan. 4, a 6.5% cash dividend, or SAR 0.65 per share, for the second half of 2023.

 

Dividend Details (H2 2023)

Current capital

SAR 900 mln

Number of shares*

90 mln

Total dividend 

SAR 57.49 mln

Percentage of capital

6.5% (SAR 0.65 per share)

Record date

Jan. 10, 2024

Payment date

Jan. 21, 2024

Dividend Details (2023)

Total dividend 

SAR 122.29 mln

Percentage of capital

16.5% (SAR 1.65 per share)

*The number of eligible shares stands at 88.44 mln

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
07/01/2024 10/01/2024 21/01/2024 57.49 0.65
31/05/2023 05/06/2023 15/06/2023 64.80 0.72
14/11/2022 21/11/2022 30/11/2022 38.84 0.43
19/07/2022 26/07/2022 09/08/2022 129.09 1.43
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) 44.48
P/E Before Unusual Items (TTM) 44.48
P/BV 5.22
Dividend Yield 2.35 %
Market Cap. (M) 6,345.00
Return on Average Assets 9.37 %
Return on Average Equity 11.75 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.