Luberef board declares 36% cash dividend for H1 2024

05/08/2024 Argaam Exclusive

Saudi Aramco Base Oil Co.’s (Luberef) board of directors decided on Aug. 4 to pay a cash dividend of SAR 3.6 per share, or 36% of capital, for the first half of 2024, according to a statement to Tadawul.

 

Cash Dividends (H1 2023)

Current Capital

SAR 1.68 bln

No. of Shares*

168.75 mln

Total Dividends

SAR 605.72 mln

Percentage of Capital

36% (SAR 3.6 a share)

Record Date

Oct. 1, 2024

Payment Date

Oct. 15, 2024

*The number of eligible shares is 168.25 mln

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
05/08/2024 01/10/2024 15/10/2024 605.72 3.60
28/02/2024 28/03/2024 18/04/2024 841.28 5.00
30/07/2023 01/10/2023 15/10/2023 841.28 5.00
19/02/2023 30/04/2023 11/05/2023 841.29 5.00
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

109.00
(1.60) (1.45 %)

Valuation Data (Latest Share Price)

P/E (TTM) 17.82
P/E Before Unusual Items (TTM) 18.32
P/BV 4.44
Dividend Yield 6.87 %
Market Cap. (M) 18,393.75
Return on Average Assets 11.72 %
Return on Average Equity 23.50 %

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