SMASCO board declares 12% dividend for H1 2024

25/08/2024 Argaam Exclusive

Saudi Manpower Solutions Co.’s (SMASCO) board of directors approved, on Aug. 22, to pay a 12% dividend, or SAR 0.12 per share, for the first half of 2024, according to a Tadawul statement. 

 

Dividend Details (H1 2024)

Current Capital

SAR 400 mln

Number of Shares

400 mln

Par Value

SAR 1 per share

Total Dividend

SAR 48 mln

Percentage of Capital

12% (SAR 0.12 per share)

Record Date

Aug. 29, 2024

Payment Date

Sept. 10, 2024

 

This marks the first dividend payout by the company since its listing on the Main Market in June, according to Argaam data.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
25/08/2024 29/08/2024 10/09/2024 48.00 0.12
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

7.89
(0.10) (1.25 %)

Valuation Data (Latest Share Price)

P/E (TTM) 21.39
P/E Before Unusual Items (TTM) 21.39
P/BV 5.44
Dividend Yield -
Market Cap. (M) 3,156.00
Return on Average Assets 13.38 %
Return on Average Equity 25.01 %

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