Tanmiah shareholders approve 19% dividend for 2023

11/06/2024 Argaam Exclusive

Tanmiah Food Co.’s shareholders approved the distribution of a cash dividend at 19%, or SAR 1.9 a share, for 2023, during the ordinary general meeting (OGM) held on June 10, according to a statement to Tadawul.

 

Cash Dividend Details

Current Capital

SAR 200 mln

Number of Shares

20 mln

Total Dividends

SAR 38 mln

Percentage of Capital

19% (SAR 1.9 a share)

Record Date

June 10, 2024 for shareholders of record who are registered with Edaa on the second trading day following the record date.

Payment Date

July 4, 2024

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
12/05/2024 10/06/2024 04/07/2024 38.00 1.90
27/04/2023 07/06/2023 04/07/2023 70.00 3.50
23/03/2022 14/04/2022 28/04/2022 10.20 0.51
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 5.91 87.10 6.79 %
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

136.60
0.80 0.59 %

Valuation Data (Latest Share Price)

P/E (TTM) 28.62
P/E Before Unusual Items (TTM) 28.62
P/BV 4.20
Dividend Yield 1.84 %
Market Cap. (M) 2,732.00
Return on Average Assets 4.56 %
Return on Average Equity 15.34 %

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