Arabian Drilling pays 13.5% dividend for H2 2024

12/03/2025 Argaam Exclusive

Arabian Drilling Co.’s board of directors decided on March 11 a cash dividend of 13.5% of capital, or SAR 1.35 per share, for the second half of 2024, according to a statement to Tadawul.

 

Dividend Details (H2 2024)

Current Capital

SAR 890 mln

Current Number of Shares

89 mln

Total Dividend

SAR 120.2 mln

Percentage of Capital

13.5% (SAR 1.35 per share)

Record Date

March 11, 2025

Payment Date

April 8, 2025

 

Dividend Details (2024)

Dividend

SAR 240.3 mln

Percentage of Capital

27% (SAR 2.70 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
12/03/2025 13/03/2025 08/04/2025 120.15 1.35
05/08/2024 05/08/2024 22/08/2024 120.15 1.35
18/03/2024 18/03/2024 02/04/2024 225.17 2.53
02/08/2023 01/11/2023 13/11/2023 225.17 2.53
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 7.76 123.00 6.31 %
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

91.80
(0.50) (0.54 %)

Valuation Data (Latest Share Price)

P/E (TTM) 25.42
P/E Before Unusual Items (TTM) 19.16
P/BV 1.38
Dividend Yield 2.42 %
Market Cap. (M) 8,170.20
Return on Average Assets 3.04 %
Return on Average Equity 5.40 %

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