Saudi Electricity shareholders approve 7% cash dividend
Shareholders of Saudi Electricity Co. (SEC) approved the board's recommendation to distribute a 7% cash dividend, or SAR 0.70 per share, for 2021, during the ordinary general meeting (OGM) held on May 17, according to a bourse filing.
Dividend Details (2021) |
|
Current Capital |
SAR 41.666 bln |
Number of Shares |
4.1666 bln |
Dividend |
SAR 2.916 bln |
Percentage of Capital |
7% (SAR 0.70 per share) |
Record Date |
May 17, 2022 (Shareholders of record by the close of the second trading day following the record date) |
Payment Date |
June 6, 2022 |
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
16/03/2022 | 17/05/2022 | 06/06/2022 | 2,916.62 | 0.70 | |
30/03/2021 | 27/04/2021 | 20/05/2021 | 2,916.62 | 0.70 | |
21/04/2020 | 02/06/2020 | 16/06/2020 | 749.30 | 0.70 | |
13/03/2019 | 30/04/2019 | 12/05/2019 | 749.30 | 0.70 | |
21/03/2018 | 25/06/2018 | 17/07/2018 | 547.00 | 0.70 | |
21/02/2017 | 19/04/2017 | 30/04/2017 | 547.00 | 0.70 | |
23/02/2016 | 25/04/2016 | 08/05/2016 | 547.00 | 0.70 | |
24/02/2015 | 20/04/2015 | 03/05/2015 | 547.00 | 0.70 | |
25/02/2014 | 15/04/2014 | 27/04/2014 | 547.00 | 0.70 | |
24/02/2013 | 15/04/2013 | 27/04/2013 | 547.00 | 0.70 |
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 | 2.10 | 20.22 | 10.39 % |
Last 5 Financial years | 3.50 | 20.68 | 16.92 % |
Last 10 Financial years | 7.00 | 13.50 | 51.85 % |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}

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.
Most Read
- Aramco's Nasser says oil, gas remain crucial during conflicts
- Non-institutional foreign ownership ex-Aramco surpasses 10% for first time
- SAB Invest exits real estate fund for SAR 268 million with 35% ROI, Mohammed Al Habib Real Estate launches Azure’s Lamara complex
- Petro Rabigh completes periodic maintenance, resumes operations
- ASAS Makeen debuts on Nomu at SAR 80/shr today
Valuation Data (Latest Share Price)
P/E (TTM) | NEG |
P/E Before Unusual Items (TTM) | 10.65 |
P/BV | 0.70 |
Dividend Yield | 4.14 % |
Market Cap. (M) | 59,082.30 |
Return on Average Assets | (0.34 %) |
Return on Average Equity | (2.11 %) |
Call Request
Comments Analysis: