SAL board declares 14.5% cash dividend for Q2 2024

07/08/2024 Argaam Exclusive

SAL Saudi Logistics Services Co.’s (SAL) board decided in a meeting on Aug. 6 the payment of a cash dividend at 14.5% of capital, or SAR 1.45 a share, for the second quarter of 2024, according to a statement to Tadawul.

 

Dividend Details (Q2 2024)

Current Capital

SAR 800 mln

No. of Shares

80 mln

Total Dividend

SAR 116 mln

Percentage of Capital

14.5% (SAR 1.45 a share)

Record Date

Aug. 13, 2024

Payment Date

Within 15 business days from record date

 

Dividend Details (H1 2024)

Total Dividend

SAR 256.8 mln

Percentage of Capital

32.1% (SAR 3.21 a share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
07/08/2024 13/08/2024 03/09/2024 116.00 1.45
20/05/2024 26/05/2024 16/06/2024 140.80 1.76
04/03/2024 07/03/2024 28/03/2024 120.80 1.51
12/11/2023 16/11/2023 07/12/2023 152.00 1.90
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

255.80
(1.00) (0.39 %)

Valuation Data (Latest Share Price)

P/E (TTM) 29.235
P/E Before Unusual Items (TTM) 29.235
P/BV 14.87
Dividend Yield 1.75 %
Market Cap. (M) 20,464.00
Return on Average Assets 21.43 %
Return on Average Equity 55.82 %

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