Elm declares 40% cash dividend for H2 2024

27/02/2025 Argaam Exclusive

Elm Co.’s board of directors declared today, Feb.27, a 40% cash dividend (SAR 4 per share) for the second half of 2024, according to a statement to Tadawul.

 

Dividend Details (H2 2024)

Current Capital

SAR 800 mln

Number of Shares*

80 mln

Total Dividend 

SAR 310.84 mln

Percentage of Capital

40% (SAR 4 per share)

Record Date

March 6, 2025

Payment Date

March 17, 2025

*Number of eligible shares is 77.71 mln

 

Dividend Details (2024)

Total Dividend

SAR 582.78 mln

Percentage of Capital

25% (SAR 7.5 per share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
27/02/2025 06/03/2025 17/03/2025 310.84 4.00
04/08/2024 07/08/2024 20/08/2024 271.94 3.50
10/03/2024 13/03/2024 25/03/2024 310.79 4.00
06/08/2023 13/08/2023 24/08/2023 233.09 3.00
28/03/2023 04/04/2023 13/04/2023 233.09 3.00
21/09/2022 29/09/2022 13/10/2022 155.20 2.00
23/03/2022 09/05/2022 22/05/2022 232.80 3.00
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 19.35 166.40 11.63 %
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

1,064.80
(17.20) (1.59 %)

Valuation Data (Latest Share Price)

P/E (TTM) 46.64
P/E Before Unusual Items (TTM) 48.31
P/BV 16.09
Dividend Yield 0.65 %
Market Cap. (M) 85,184.00
Return on Average Assets 21.63 %
Return on Average Equity 27.28 %

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