Zahrat Al Waha board recommends 13.5% cash dividend for 2023

28/02/2024 Argaam Exclusive

Zahrat Al Waha for Trading Co.’s board of directors recommended a 13.5% cash dividend, or SAR 1.35 per share, for 2023, according to a statement to Tadawul today, Feb. 28.

 

Dividend Details (2023)

Current Capital

SAR 225 mln

Number of Shares

22.50 mln

Total Dividends

SAR 30.38 mln

Percentage of Capital

13.5% (SAR 1.35 per share)

Record Date

Shareholders of record on the general assembly date and those registered with Edaa by the close of the second trading day following the meeting date, to be announced later

Payment Date

To be determined later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
28/02/2024 03/06/2024 12/06/2024 30.38 1.35
02/03/2023 21/05/2023 04/06/2023 13.50 0.60
15/11/2021 09/05/2022 26/05/2022 22.50 1.00
25/02/2021 26/04/2021 01/06/2021 15.00 0.67
27/02/2020 19/04/2020 10/05/2020 11.25 0.50
24/10/2019 21/11/2019 02/12/2019 11.25 0.50
19/03/2019 19/05/2019 13/06/2019 15.00 0.67
27/02/2018 22/04/2018 06/05/2018 15.00 0.67
31/12/2015 - 31/12/2015 15.46 0.69
31/12/2014 - 31/12/2014 8.36 0.37
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 2.95 51.00 5.78 %
Last 5 Financial years 4.62 27.33 16.89 %
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) 32.72
P/E Before Unusual Items (TTM) 31.24
P/BV 2.60
Dividend Yield 3.65 %
Market Cap. (M) 758.25
Return on Average Assets 4.11 %
Return on Average Equity 7.84 %

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