Baazeem board OKs 11% cash dividend for H2 2024

06/03/2025 Argaam Exclusive

Baazeem Trading Co.’s board of directors approved today, March 6, an 11% cash dividend (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 101.25 mln

Number of Shares

101.25 mln

Nominal Value

SAR 1

Total Dividend

SAR 11.14 mln

Percentage of Capital

11% (or SAR 0.11 per share)

Record Date

Shareholders of record at the end of trading on the day of the company’s EGM, and those registered with Edaa at the end of the second trading day following the EGM

Payment Date

To be announced later

 

Dividend Details (2024)

Total Dividend

SAR 18.24 mln

Percentage of Capital

18% (or SAR 0.18 per share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
06/03/2025 - - 11.14 0.11
13/08/2024 25/08/2024 05/09/2024 7.09 0.07
18/03/2024 06/06/2024 25/06/2024 11.14 0.11
10/08/2023 23/08/2023 06/09/2023 7.09 0.07
16/03/2023 02/05/2023 17/05/2023 11.14 0.11
09/08/2022 16/08/2022 04/09/2022 7.09 0.07
13/03/2022 09/05/2022 23/05/2022 17.72 0.18
04/03/2021 22/04/2021 07/05/2021 17.72 0.18
15/03/2020 16/04/2020 30/04/2020 16.20 0.16
14/03/2019 18/04/2019 28/04/2019 15.18 0.15
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 0.54 11.32 4.77 %
Last 5 Financial years 0.89 4.27 20.87 %
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

6.26
(0.12) (1.88 %)

Valuation Data (Latest Share Price)

P/E (TTM) 27.20
P/E Before Unusual Items (TTM) 27.20
P/BV 3.27
Dividend Yield 2.79 %
Market Cap. (M) 633.83
Return on Average Assets 9.55 %
Return on Average Equity 10.75 %

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