Al Mawarid board declares 12.5% dividend for H1 2024

08/08/2024 Argaam Exclusive

Al Mawarid Manpower Co.’s board of directors approved, on Aug. 7, to pay a 12.5% dividend, or SAR 1.25 per share, for the first half of 2024, according to a Tadawul statement. 

Dividend Details (H1 2024)

Current Capital

SAR 150 mln

Number of Shares

15 mln

Total Dividend

SAR 18.75 mln

Percentage of Capital

12.5% (SAR 1.25 a share)

Record Date

Aug. 14, 2024

Payment Date

Aug. 22, 2024

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
08/08/2024 14/08/2024 22/08/2024 18.75 1.25
27/03/2024 02/04/2024 17/04/2024 15.00 1.00
08/08/2023 13/09/2023 25/09/2023 22.50 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

109.00
(2.80) (2.50 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 17.43
P/E Before Unusual Items (TTM) 17.43
P/BV 4.32
Dividend Yield 2.00 %
Market Cap. (M) 1,635.00
Return on Average Assets 14.97 %
Return on Average Equity 26.78 %

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