Tabuk Cement’s board proposes 2.5% cash dividend for 2023

31/03/2024 Argaam Exclusive

Tabuk Cement Co.’s board of directors recommended on March 29 the payment of a cash dividend of SAR 0.25 per share, or 2.5% of the capital, for 2023, according to a statement to Tadawul.

Dividends Details

Current Capital

SAR 900 mln

No. of Shares

90 mln

Total Dividends

SAR 22.5 mln

Percentage of Payment

2.5% (SAR 0.25 a share)

Record Date

Shareholders of record and those registered with Edaa on the second trading day following the general meeting day

Date of Payment

To be determined later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
31/03/2024 26/06/2024 16/07/2024 22.50 0.25
27/03/2022 21/04/2022 15/05/2022 22.50 0.25
10/01/2016 28/04/2016 08/05/2016 81.00 0.90
19/02/2015 09/04/2015 26/04/2015 45.00 0.50
30/06/2014 15/07/2014 17/08/2014 90.00 1.00
26/12/2013 16/04/2014 27/04/2014 72.00 0.80
19/06/2013 30/06/2013 15/09/2013 90.00 1.00
30/12/2012 14/04/2013 24/04/2013 63.00 0.70
26/07/2012 15/08/2012 09/09/2012 81.00 0.90
07/01/2012 17/04/2012 29/04/2012 45.00 0.50
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 0.50 16.84 2.97 %
Last 5 Financial years 0.50 11.08 4.51 %
Last 10 Financial years 2.90 28.30 10.25 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

12.24
0.00 0.00 %

Valuation Data (Latest Share Price)

P/E (TTM) 16.93
P/E Before Unusual Items (TTM) 16.93
P/BV 0.83
Dividend Yield 1.84 %
Market Cap. (M) 1,101.60
Return on Average Assets 3.90 %
Return on Average Equity 4.93 %

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