AI Summary
Naqi Water Co.’s shareholders approved the board of directors’ recommendation to pay a cash dividend of SAR 0.50 per share, or 5% of the capital, for the second half of 2023 at the ordinary general meeting (OGM) held on May 16, according to a Tadawul statement.
|
Cash Dividend (H2 2023) |
|
|
Capital |
SAR 200 mln |
|
Number of Shares |
20 mln |
|
Total Dividend |
SAR 10 mln |
|
Percentage of Capital |
5% (SAR 0.5 per share) |
|
Record Date |
May 16, 2024 (Shareholders registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the record date) |
|
Payment Date |
June 6, 2024 |
|
Total Dividend (2023) |
|
|
Total Dividend |
SAR 30 mln |
|
Percentage of Capital |
15% (SAR 1.5 per share) |
Shareholders also approved authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2024, the statement added.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 26/03/2024 | 16/05/2024 | 06/06/2024 | 10.00 | 0.50 | |
| 10/08/2023 | 24/08/2023 | 14/09/2023 | 20.00 | 1.00 | |
| 13/12/2022 | 08/01/2023 | 18/01/2023 | 20.00 | 1.00 |
| 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 | 2.50 | 86.90 | 2.88 % |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 39.39 |
| P/E Before Unusual Items (TTM) | 39.39 |
| P/BV | 4.37 |
| Dividend Yield | - |
| Market Cap. (M) | 1,196.00 |
| Return on Average Assets | 9.97 % |
| Return on Average Equity | 10.72 % |
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