Alandalus board plans 2.5% dividend for H2 2023

07/03/2024 Argaam Exclusive

Alandalus Property Co.'s board of directors approved, on March 6, a 2.5% cash dividend, at SAR 0.25 per share, for the second half of 2023, according to a Tadawul statement.

 

Dividend Details (H2 2023)

Current Capital

SAR 933.33 mln

Number of shares

93.33 mln

Dividend

SAR 23.33 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

March 12, 2024 (Shareholders registered with Edaa on the second day following the record date)

Payment date

March 26, 2024

 

Dividend Details (2023)

Total Dividend

SAR 46.66 mln

Percentage of capital

5% (SAR 0.50 per share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
07/03/2024 12/03/2024 26/03/2024 23.33 0.25
13/08/2023 15/08/2023 29/08/2023 23.33 0.25
12/03/2023 16/03/2023 28/03/2023 23.33 0.25
25/08/2022 18/09/2022 29/09/2022 23.33 0.25
13/03/2022 16/03/2022 28/03/2022 23.33 0.25
10/10/2021 12/10/2021 24/10/2021 23.33 0.25
04/03/2021 01/06/2021 13/06/2021 35.00 0.38
01/04/2020 14/05/2020 10/06/2020 70.00 0.75
20/03/2019 28/04/2019 09/05/2019 70.00 0.75
01/04/2018 27/05/2018 10/06/2018 140.00 1.50
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 1.50 15.74 9.53 %
Last 5 Financial years 2.63 10.68 24.58 %
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

24.00
0.14 0.59 %

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 2.17
Dividend Yield 2.51 %
Market Cap. (M) 2,239.92
Return on Average Assets (0.55 %)
Return on Average Equity (1.18 %)

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