AMAK board approves 9% dividend for H1 2024

18/08/2024 Argaam Exclusive

Almasane Alkobra Mining Co.’s (AMAK) board of directors declared, on Aug. 17, a 9% cash dividend, or SAR 0.90 per share, for the first half of 2024.

 

Dividend Details (H1 2024)

Current capital

SAR 900 mln

Number of shares*

90 mln

Total dividend 

SAR 79.7 mln

Percentage of capital

9% (SAR 0.90 per share)

Record date

Sept. 30, 2024

Payment date

Within 15 days from the record date

*The number of eligible shares stands at 88.5 mln

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
18/08/2024 30/09/2024 20/10/2024 79.68 0.90
07/01/2024 10/01/2024 21/01/2024 57.49 0.65
31/05/2023 05/06/2023 15/06/2023 64.80 0.72
14/11/2022 21/11/2022 30/11/2022 38.84 0.43
19/07/2022 26/07/2022 09/08/2022 129.09 1.43
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

67.70
(1.10) (1.60 %)

Valuation Data (Latest Share Price)

P/E (TTM) 42.72
P/E Before Unusual Items (TTM) 42.72
P/BV 5.01
Dividend Yield 2.35 %
Market Cap. (M) 6,093.00
Return on Average Assets 9.37 %
Return on Average Equity 11.75 %

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