Bawan board to pay 8.5% cash dividend for H2 2023

03/03/2024 Argaam Exclusive

Bawan Co.’s board of directors decided, on Feb. 29, to pay a cash dividend of SAR 0.85 per share, or 8.5% of the capital, for the second half of 2023, according to a Tadawul statement.

 

Cash Dividend (H2 2023)

Capital 

SAR 600 mln

Number of Shares

60 mln 

Total Dividend 

SAR 51 mln 

Percentage of Capital 

8.5% (SAR 0.85 per share) 

Record Date 

April 3, 2024 (Those registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the record date.)

Payment Date 

April 29, 2024

 

Total Dividend (2023)

Total Dividend

SAR 90 mln

Percentage of Capital

15% (SAR 1.5 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
03/03/2024 03/04/2024 29/04/2024 51.00 0.85
03/08/2023 03/09/2023 17/09/2023 39.00 0.65
05/03/2023 23/03/2023 06/04/2023 39.00 0.65
09/08/2022 18/08/2022 06/09/2022 51.00 0.85
28/12/2021 23/01/2022 06/02/2022 45.00 0.75
05/08/2021 19/08/2021 01/09/2021 45.00 0.75
07/03/2021 21/03/2021 04/04/2021 36.00 0.60
25/10/2020 10/11/2020 25/11/2020 24.00 0.40
26/03/2018 15/04/2018 30/04/2018 24.00 0.40
07/06/2017 16/07/2017 31/07/2017 24.00 0.40
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 4.50 23.70 18.99 %
Last 5 Financial years 5.50 13.18 41.73 %
Last 10 Financial years 10.20 58.13 17.55 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

49.15
0.15 0.31 %

Valuation Data (Latest Share Price)

P/E (TTM) 26.31
P/E Before Unusual Items (TTM) 26.31
P/BV 3.28
Dividend Yield 3.29 %
Market Cap. (M) 2,949.00
Return on Average Assets 5.37 %
Return on Average Equity 12.57 %

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