Al Mawarid board OKs 10% dividend for H2 2023

27/03/2024 Argaam Exclusive

Al Mawarid Manpower Co.’s board of directors approved today, March 27, the distribution of a 10% cash dividend, or SAR 1 per share, for H2 2023. 

 

Dividend Details (H2 2023)

Current capital

SAR 150 mln

Number of shares

15 mln

Total dividend

SAR 15 mln

Percentage of capital

10% (SAR 1 per share)

Record date

Shareholders registered with Edaa by the end of second trading day following April 2, 2024 

Payment date

April 17, 2024

 

Full-Year Dividend (2023)

Total dividend

SAR 37.5 mln

Percentage of capital

25% (SAR 2.5 a share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
27/03/2024 02/04/2024 17/04/2024 15.00 1.00
08/08/2023 13/09/2023 25/09/2023 22.50 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 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

125.00
3.60 2.97 %
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Valuation Data (Latest Share Price)

P/E (TTM) 20.16
P/E Before Unusual Items (TTM) 20.16
P/BV 5.28
Dividend Yield 2.00 %
Market Cap. (M) 1,875.00
Return on Average Assets 14.83 %
Return on Average Equity 27.81 %

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