Nahdi's board nods to 30% dividend payout for H2 2023

17/03/2024 Argaam Exclusive

Nahdi Medical Co.’s board of directors apporved today, March 17, the payment of a 30% cash dividend (SAR 3 per share) for the second half of 2023, as shown below:

Dividend Details (H2 2023)

Capital

SAR 1.3 bln

Number of Shares

130 mln

Total Dividends

SAR 390 mln

Payout Ratio

30% (SAR 3/share)

Record Date

March 21, 2024 (Shareholders registered with Edaa by the end of the second trading day following the record date)

Payment Date

April 2, 2024

 

Full-Year Dividend (2023)

Total Dividends

SAR 715 mln

Percentage of Capital

55% (SAR 5.5/share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
17/03/2024 21/03/2024 02/04/2024 390.00 3.00
02/08/2023 10/08/2023 24/08/2023 325.00 2.50
20/03/2023 28/03/2023 10/04/2023 390.00 3.00
09/08/2022 15/08/2022 25/08/2022 300.00 2.31
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 N/A N/A N/A
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

124.60
1.20 0.97 %

Valuation Data (Latest Share Price)

P/E (TTM) 19.44
P/E Before Unusual Items (TTM) 20.23
P/BV 6.72
Dividend Yield 4.01 %
Market Cap. (M) 16,198.00
Return on Average Assets 15.09 %
Return on Average Equity 35.58 %

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