MARAFIQ board OKs 3.5% cash dividend for H1 2024

01/08/2024 Argaam Exclusive

The board of Power and Water Utility Company for Jubail and Yanbu (MARAFIQ) approved, on July 31, a cash dividend at SAR 0.35 per share, or 3.5% of the capital, for the first half of 2024.

 

Dividend Details (H1 2024)

Current Capital

SAR 2.5 billion

Number of Shares

250 mln

Total Dividend

SAR 87.5 mln

Percentage of Capital

3.5% (SAR 0.35 per share)

Record Date

Sept. 19, 2024

Payment Date

Sept. 5, 2024

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
01/08/2024 19/08/2024 05/09/2024 87.50 0.35
07/03/2024 17/03/2024 27/03/2024 275.00 1.10
03/08/2023 13/08/2023 30/08/2023 275.00 1.10
02/03/2023 08/03/2023 23/03/2023 275.00 1.10
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

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Valuation Data (Latest Share Price)

P/E (TTM) 40.85
P/E Before Unusual Items (TTM) 40.85
P/BV 1.87
Dividend Yield 3.40 %
Market Cap. (M) 15,025.00
Return on Average Assets 1.60 %
Return on Average Equity 4.52 %

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