Hail Cement declares 3.5% cash dividend for Q4 2023

25/02/2024 Argaam Exclusive

Hail Cement Co.’s board of directors declared, on Feb. 24, the payment of a cash dividend at 3.5% of capital, or SAR 0.35 a share, for Q4 2023, according to a statement to Tadawul

 

Q4 2023 Cash Dividend Details

Current Capital

SAR 979 mln

Number of Shares*

97.9 mln

Total Dividend

SAR 33.74 mln

Percentage of Capital

3.5% (SAR 0.35 a share)

Record Date

Feb. 29, 2024 (Shareholders of record and those registered with Edaa on the second trading day after the record date)

Payment Date

March 14, 2024

*Eligible shares amount to 96.4 mln

 

Total Dividend (2023)

Total Dividend

SAR 117.64 mln

Percentage of Capital

12.1%

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
25/02/2024 29/02/2024 14/03/2024 33.74 0.35
15/11/2023 21/11/2023 11/12/2023 24.10 0.25
23/08/2023 10/09/2023 26/09/2023 35.67 0.37
17/05/2023 06/06/2023 22/06/2023 24.10 0.25
14/12/2022 15/12/2022 26/12/2022 24.10 0.25
25/08/2022 31/08/2022 14/09/2022 24.43 0.25
05/12/2021 09/12/2021 23/12/2021 48.95 0.50
08/02/2021 22/03/2021 05/04/2021 48.95 0.50
15/02/2017 10/05/2017 24/05/2017 39.16 0.40
30/08/2016 04/09/2016 21/09/2016 48.95 0.50
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 2.22 16.34 13.57 %
Last 5 Financial years 2.72 7.85 34.62 %
Last 10 Financial years 5.82 21.40 27.18 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

11.60
0.02 0.17 %

Valuation Data (Latest Share Price)

P/E (TTM) 53.81
P/E Before Unusual Items (TTM) 53.81
P/BV 1.16
Dividend Yield 9.90 %
Market Cap. (M) 1,135.64
Return on Average Assets 1.90 %
Return on Average Equity 2.05 %

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