Retal board OKs 11% cash dividend for H2 2024

02/03/2025 Argaam Exclusive

Retal Urban Development Co.’s board of directors approved, on March 1, an 11% cash dividend, or SAR 0.11 per share, for the second half of 2024, the company said in a statement to Tadawul.

 

Dividend Details (H2 2024)

Current Capital

SAR 500 mln

Number of Shares

500 mln

Nominal Value

SAR 1/share

Total Dividend

SAR 55 mln

Percentage of Capital

11% (SAR 0.11 per share)

Record Date

May 4, 2025 (Shareholders registered with Edaa at the end of the second trading day following the record date).

Payment Date

May 15, 2025

 

Dividend Details (2024)

Total Dividend

SAR 135 mln

Percentage of Capital

27% (SAR 0.27 per share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
02/03/2025 04/05/2025 15/05/2025 55.00 0.11
31/07/2024 29/09/2024 10/10/2024 80.00 0.16
28/02/2024 05/05/2024 16/05/2024 80.00 0.16
01/08/2023 28/09/2023 10/10/2023 80.00 0.16
01/03/2023 02/05/2023 11/05/2023 120.00 0.24
09/08/2022 29/09/2022 12/10/2022 80.00 0.16
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 0.99 9.68 10.23 %
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

16.06
(0.06) (0.37 %)

Valuation Data (Latest Share Price)

P/E (TTM) 30.17
P/E Before Unusual Items (TTM) 30.17
P/BV 9.63
Dividend Yield 1.67 %
Market Cap. (M) 8,030.00
Return on Average Assets 7.00 %
Return on Average Equity 11.92 %

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