Astra board proposes 25% cash dividend for 2023

27/03/2024 Argaam Exclusive

Astra Industrial Group’s board of directors, on March 26, recommended the distribution of a cash dividend at SAR 2.5 per share, or 25% of capital, for 2023, the company said in a statement to Tadawul.

 

Dividend Details (2023)

Current Capital

SAR 800 mln

Number of Shares

80 mln

Total Dividend

SAR 200 mln

Percentage of Capital

25% (SAR 2.5 per share)

Record Date

Shareholders of record on the upcoming general assembly date and those registered with Edaa by the end of the second trading day after the meeting date.

Payment Date

To be announced later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
27/03/2024 24/06/2024 30/06/2024 200.00 2.50
16/03/2023 28/05/2023 04/06/2023 200.00 2.50
16/03/2022 21/04/2022 28/04/2022 120.00 1.50
11/03/2021 11/04/2021 20/04/2021 60.00 0.75
28/03/2018 17/05/2018 07/06/2018 40.00 0.50
19/03/2017 16/05/2017 06/06/2017 40.00 0.50
10/03/2015 28/04/2015 18/05/2015 55.60 0.70
26/02/2014 29/04/2014 14/05/2014 129.70 1.62
23/02/2013 22/04/2013 14/05/2013 129.70 1.62
19/02/2012 28/05/2012 13/06/2012 129.70 1.62
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 6.50 25.00 26.00 %
Last 5 Financial years 7.25 16.18 44.81 %
Last 10 Financial years 8.95 48.15 18.58 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

168.60
0.40 0.24 %

Valuation Data (Latest Share Price)

P/E (TTM) 22.78
P/E Before Unusual Items (TTM) 24.83
P/BV 5.65
Dividend Yield 1.88 %
Market Cap. (M) 13,488.00
Return on Average Assets 13.08 %
Return on Average Equity 27.04 %

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