TALCO board plans 15% cash dividend for 2023

18/07/2024 Argaam Exclusive

Al Taiseer Group Talco Industrial Co.’s (TALCO) board of directors recommended on July 17 paying a cash dividend at 15% of capital, or SAR 1.5 a share, for 2023, according to a Tadawul statement.

 

Cash Dividend Details (2023)

Current Capital

SAR 400 bln

Number of Shares

40 mln

Total Dividend

SAR 60 mln

Percentage of Capital

15% (SAR 1.5 a share)

Record Date

Shareholders of record at the end of second day after the general meeting date, which will be announced later

Payment Date

To be determined
 

According to data available on Argaam, this is TALCO’s first dividend after the company listed its shares on the Saudi Exchange (Tadawul) in June.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
18/07/2024 - - 60.00 1.50
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 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

Al Taiseer Group Talco Industrial Co.
70.50
0.90 1.29 %

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Valuation Data (Latest Share Price)

P/E (TTM) -
P/E Before Unusual Items (TTM) -
P/BV 6.42
Dividend Yield -
Market Cap. (M) 2,828.00
Return on Average Assets -
Return on Average Equity -

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