Northern Cement board OKs 2.5% cash dividend for H1 2024

25/11/2024 Argaam Exclusive

The board of directors of Northern Region Cement Co. approved today, Nov. 25, a 2.5% cash dividend, at SAR 0.25 per share, for the first half of 2024, as follows:

 

Cash Dividend (H1 2024)

Capital 

SAR 1.8 bln

Number of Shares

180 mln 

Total Dividend 

SAR 45 mln 

Percentage of Capital 

2.5% (SAR 0.25 per share) 

Record Date 

Nov. 28, 2024

Payout Date

Dec. 12, 2024

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
25/11/2024 28/11/2024 12/12/2024 45.00 0.25
21/03/2024 31/03/2024 24/04/2024 45.00 0.25
22/05/2023 31/05/2023 15/06/2023 45.00 0.25
03/10/2022 09/10/2022 23/10/2022 45.00 0.25
28/03/2022 10/04/2022 20/04/2022 45.00 0.25
04/08/2021 10/08/2021 24/08/2021 45.00 0.25
09/03/2021 14/03/2021 28/03/2021 45.00 0.25
30/08/2020 03/09/2020 27/09/2020 45.00 0.25
10/08/2016 14/08/2016 28/08/2016 81.00 0.45
26/01/2016 16/03/2016 14/04/2016 90.00 0.50
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 1.25 11.96 10.45 %
Last 5 Financial years 1.75 8.30 21.08 %
Last 10 Financial years 5.20 23.25 22.37 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 21.94
P/E Before Unusual Items (TTM) 57.37
P/BV 0.71
Dividend Yield 2.37 %
Market Cap. (M) 1,614.60
Return on Average Assets 2.13 %
Return on Average Equity 3.25 %

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.