MRNA board recommends 3.5% cash dividend for 2023

15/05/2024 Argaam Exclusive

Morabaha Marina Financing Co.’s (MRNA) board of directors recommended, on May 14, a 3.5% cash dividend for 2023, at SAR 0.35 per share, the company said in a statement on Tadawul.

Dividend (2023)  

Current capital 

SAR 741.29 mln

Number of shares 

71.43 mln

Total dividends 

SAR 24.44 mln

Percentage of capital 

3.5% (SAR  0.35 per share)

Record date 

Shareholders on the record date and those registered with Edaa at the end of the second trading day following the general assembly date, which is yet to be announced

Payment date 

To be determined

*The number of shares eligible for dividends is 69.82 million.

 

The company stated that it obtained the Saudi Central Bank's non-objection to distribute 2023 dividends under letter number (45069007).

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
15/05/2024 04/08/2024 14/08/2024 24.44 -
20/07/2023 27/08/2023 06/09/2023 37.05 -
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

Valuation Data (Latest Share Price)

P/E (TTM) 48.92
P/E Before Unusual Items (TTM) 48.92
P/BV 0.97
Dividend Yield 2.76 %
Market Cap. (M) 810.00
Return on Average Assets 1.15 %
Return on Average Equity 1.98 %

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