Theeb’s board approves 4.1% cash dividend for Q4 2023

14/03/2024 Argaam Exclusive

Theeb Rent a Car’s board of directors approved on March 13 the distribution of interim cash dividend at SAR 0.41 per share, or 4.1% of capital, for the fourth quarter of 2023, according to a statement to Tadawul.

 

Dividend Details (Q4 2023)

Current Capital

SAR 430 mln

Number of Shares

43 mln

Dividend

SAR 17.63 mln

Percentage of Capital

4.1% (SAR 0.41 per share)

Record Date

March 19 (Including shareholders registered with Edaa at the end of the second trading day following the record date)

Payment Date

April 1, 2024

 

Dividend Details (2023)

Dividend

SAR 70.52 mln

Percentage of Capital

16.4% (or SAR 1.64 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
14/03/2024 19/03/2024 01/04/2024 17.63 0.41
08/11/2023 12/11/2023 28/11/2023 17.20 0.40
10/08/2023 14/08/2023 23/08/2023 14.62 0.34
01/06/2023 01/06/2023 13/06/2023 21.07 0.49
29/03/2023 03/04/2023 13/04/2023 25.37 0.59
14/11/2022 15/11/2022 27/11/2022 26.66 0.62
30/08/2022 08/09/2022 20/09/2022 21.50 0.50
07/06/2022 21/06/2022 06/07/2022 21.07 0.49
21/03/2022 10/04/2022 20/04/2022 23.22 0.54
16/11/2021 22/11/2021 05/12/2021 17.20 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 5.29 52.00 10.17 %
Last 5 Financial years N/A N/A N/A
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

76.80
0.40 0.52 %

Valuation Data (Latest Share Price)

P/E (TTM) 19.77
P/E Before Unusual Items (TTM) 19.77
P/BV 4.12
Dividend Yield 2.49 %
Market Cap. (M) 3,302.40
Return on Average Assets 7.48 %
Return on Average Equity 22.10 %

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