TALCO’s shareholders OK 15% dividend for 2023

27/11/2024 Argaam Exclusive

 Al Taiseer Group Talco Industrial Co.'s (TALCO) shareholders approved distributing cash dividends at 15% of capital, or SAR 1.50 per share, for 2023, during the extraordinary general meeting (EGM) held on Nov. 26, according to a statement to Tadawul

 

Dividend Details

Current Capital

SAR 400 mln

Number of Shares

40 mln

Total Dividends

SAR 60 mln

Percentage of Capital

15% (SAR 1.50 per share)

Record Date

Nov. 26, 2024. To shareholders of record who are registered with Edaa by the close of the second trading day following the record date

Payment Date

Dec. 1, 2024

 

This is the first dividend payout for the company since its listing on the Main Market (TASI) in June, according to data available with Argaam.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
18/07/2024 26/11/2024 01/12/2024 60.00 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

Valuation Data (Latest Share Price)

P/E (TTM) 26.77
P/E Before Unusual Items (TTM) 26.77
P/BV 4.05
Dividend Yield -
Market Cap. (M) 2,200.00
Return on Average Assets -
Return on Average Equity 16.39 %

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