Tadawul Group shareholders approve 23% dividend for 2023

28/04/2024 Argaam Exclusive

The Saudi Tadawul Group Holding’s (Tadawul Group) shareholders approved the payment of a cash dividend at 23% of capital, or SAR 2.30 a share, for 2023, during the ordinary general meeting (OGM), held on April 25, according to a statement to Tadawul.

 

Dividend Details - 2023

Current Capital

SAR 1.2 bln

Number of Shares

120 mln

Total Dividends

SAR 276 mln

Percentage of Dividends

23% (SAR 2.3 a share)

Record Date

April 25, 2024, and those registered with Edaa on the second trading day following the record date

Date of Payment

May 6, 2024

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
10/03/2024 25/04/2024 06/05/2024 276.00 2.30
26/02/2023 10/05/2023 21/05/2023 277.13 2.31
06/03/2022 12/05/2022 23/05/2022 360.00 3.00
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 7.61 118.00 6.45 %
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

Valuation Data (Latest Share Price)

P/E (TTM) 43.34
P/E Before Unusual Items (TTM) 43.34
P/BV 7.69
Dividend Yield 1.23 %
Market Cap. (M) 25,896.00
Return on Average Assets 6.99 %
Return on Average Equity 18.54 %

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