Thob Al Aseel board approves 10% cash dividend for H2 2023

20/02/2024 Argaam Exclusive

Thob Al Aseel Co. board declared today, Feb. 20 the payment of a cash dividend at 10% of capital, or SAR 0.10 a share, for the second half of 2023, according to a statement to Tadawul.

Dividend Details (H2 2023)

Current Capital

SAR 400 mln

No. of Shares

400 mln

Total Dividend

SAR 40 mln

Percentage of Capital

10% (SAR 0.10 a share)

Eligibility

Shareholders of record by the end of trading on March 6, 2024, and those registered with Edaa by the end of the second trading day after the record date

Payment Date

Within 15 business days from record date

 

Dividend Details (2023)

Total Dividends

SAR 75 mln

Percentage of Capital

18.75% (SAR 0.187/share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
20/02/2024 06/03/2024 27/03/2024 40.00 0.10
19/07/2023 24/07/2023 14/08/2023 35.00 0.09
28/02/2023 21/03/2023 11/04/2023 30.00 0.08
28/07/2022 03/08/2022 24/08/2022 30.00 0.08
21/02/2022 12/04/2022 26/04/2022 30.00 0.08
15/07/2021 19/09/2021 10/10/2021 22.50 0.06
20/07/2020 14/09/2020 27/09/2020 30.00 0.08
18/02/2020 08/03/2020 18/03/2020 37.50 0.09
22/07/2019 25/07/2019 04/08/2019 30.00 0.08
24/02/2019 22/05/2019 30/05/2019 30.00 0.08
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 0.47 5.58 8.40 %
Last 5 Financial years 0.71 1.53 46.42 %
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

4.67
0.04 0.86 %
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Valuation Data (Latest Share Price)

P/E (TTM) 20.94
P/E Before Unusual Items (TTM) 20.94
P/BV 3.20
Dividend Yield 4.00 %
Market Cap. (M) 1,868.00
Return on Average Assets 12.31 %
Return on Average Equity 15.45 %

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