Thob Al Aseel board declares 10% dividend for H2 2024

02/03/2025 Argaam Exclusive

Thob Al Aseel Co.'s board of directors decided on Feb. 27 to pay a 10% cash dividend, at SAR 0.1 per share, for the second half of 2024, the company said in a Tadawul statement.

 

Dividend Details (H2 2024)

Current Capital

SAR 400 mln

Number of Shares

400 mln

Nominal Value 

SAR 1/share

Total Dividend

SAR 40 mln

Percentage of Capital

10% (SAR 0.1 per share)

Record Date

March 3, 2025 (Shareholders registered with Edaa at the end of the second trading day following the record date)

Payment Date

Within 15 working days from the record date

 

Dividend Details (2024)

Total Dividend

SAR 76 mln

Percentage of Capital

19% (SAR 0.19 per share)

 

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
02/03/2025 03/03/2025 24/03/2025 40.00 0.10
25/07/2024 01/08/2024 22/08/2024 36.00 0.09
20/02/2024 06/03/2024 27/03/2024 40.00 0.10
19/07/2023 24/07/2023 14/08/2023 35.00 0.09
28/02/2023 21/03/2023 11/04/2023 30.00 0.08
28/07/2022 03/08/2022 24/08/2022 30.00 0.08
21/02/2022 12/04/2022 26/04/2022 30.00 0.08
15/07/2021 19/09/2021 10/10/2021 22.50 0.06
20/07/2020 14/09/2020 27/09/2020 30.00 0.08
18/02/2020 08/03/2020 18/03/2020 37.50 0.09
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 0.53 4.75 11.12 %
Last 5 Financial years 0.73 3.26 22.48 %
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

4.08
(0.07) (1.69 %)

Valuation Data (Latest Share Price)

P/E (TTM) 19.45
P/E Before Unusual Items (TTM) 19.45
P/BV 2.75
Dividend Yield 4.47 %
Market Cap. (M) 1,632.00
Return on Average Assets 12.05 %
Return on Average Equity 13.00 %

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