Aldrees board proposes 15% cash dividend for 2024

21/01/2025 Argaam Exclusive

Aldrees Petroleum and Transport Services Co.’s board of directors today, Jan. 21, recommended paying a cash dividend at 15% of the capital, or SAR 1.5 per share, for 2024, according to a statement to Tadawul.

 

Dividend Details (2024)

Current Capital

SAR 1 bln

Number of shares

100 mln

Total Dividend

SAR 150 mln

Percentage of Capital

15% (SAR 1.5 a share)

Record Date

Shareholders of record and those registered with Edaa on the second trading day following the general meeting date

Distribution Date

To be determined later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
21/01/2025 - - 150.00 1.50
28/01/2024 05/05/2024 20/05/2024 75.00 0.75
22/01/2023 01/05/2023 15/05/2023 150.00 1.50
18/01/2022 28/02/2022 14/03/2022 112.50 1.13
19/01/2021 14/04/2021 28/04/2021 60.00 0.60
31/03/2020 28/04/2020 12/05/2020 90.00 0.90
17/01/2019 18/03/2019 02/04/2019 50.00 0.50
18/01/2018 05/03/2018 19/03/2018 50.00 0.50
17/01/2017 12/03/2017 22/03/2017 40.00 0.40
18/01/2016 02/03/2016 28/03/2016 80.00 0.80
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 3.75 49.97 7.50 %
Last 5 Financial years 5.48 37.21 14.71 %
Last 10 Financial years 8.58 21.01 40.82 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 41.95
P/E Before Unusual Items (TTM) 41.95
P/BV 9.58
Dividend Yield 1.25 %
Market Cap. (M) 14,180.00
Return on Average Assets 4.24 %
Return on Average Equity 7.52 %

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