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

74.50
(0.40) (0.53 %)

Valuation Data (Latest Share Price)

P/E (TTM) 76.139
P/E Before Unusual Items (TTM) 70.621
P/BV 5.40
Dividend Yield 2.35 %
Market Cap. (M) 6,705.00
Return on Average Assets 5.89 %
Return on Average Equity 7.20 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.