Budget Saudi board recommends 10% dividend for H2 2024

17/03/2025 Argaam Exclusive

United International Transportation Co.’s (Budget Saudi) board of directors recommended, on March 16, paying a 10% cash dividend (SAR 1 per share) for H2 2024, according to a statement to Tadawul.

 

Dividend (H2 2024)

Current Capital 

SAR 781.67 mln

Number of Shares 

78.17 mln

Total Dividends 

SAR 78.17 mln

Percentage of Capital 

10% (SAR 1 per share)

Record Date 

Shareholders of record and those registered with Edaa at the end of the second trading day following the general assembly (date to be announced)

Payment Date 

To be determined

 

Dividend (2024)

Total Dividends 

SAR 113.35 mln

Percentage of Capital 

14.5% (SAR 1.45 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
17/03/2025 - - 78.17 1.00
01/08/2024 08/08/2024 28/08/2024 35.18 0.45
25/03/2024 23/05/2024 06/06/2024 71.17 1.00
27/07/2023 24/08/2023 13/09/2023 35.58 0.50
23/02/2023 13/04/2023 09/05/2023 106.75 1.50
31/07/2022 18/08/2022 01/09/2022 35.58 0.50
30/03/2022 17/05/2022 02/06/2022 92.52 1.30
22/08/2021 01/09/2021 20/09/2021 42.70 0.60
07/02/2021 29/04/2021 10/05/2021 88.96 1.25
23/07/2020 28/07/2020 20/08/2020 35.58 0.50
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 4.95 47.50 10.42 %
Last 5 Financial years 8.60 36.95 23.27 %
Last 10 Financial years 14.74 40.82 36.12 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 19.10
P/E Before Unusual Items (TTM) 19.10
P/BV 2.21
Dividend Yield 1.77 %
Market Cap. (M) 5,972.19
Return on Average Assets 7.93 %
Return on Average Equity 10.95 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.