SABIC board declares 20% dividend for H2 2022
Saudi Basic Industries Corporation’s (SABIC) board of directors declared today, Dec. 13, a 20% cash dividend for the second half of 2022, at SAR 2 per share, the company said in a statement to Tadawul.
| Dividend Details (H2 2022) | |
| Dividend | SAR 30 bln | 
| Number of shares | 3 bln | 
| Dividend | SAR 6 bln | 
| Percentage of capital | 20% (SAR 2/share) | 
| Record date | March 13, 2023 (Shareholders registered with Edaa by the close of the second trading day following the record date) | 
| Payment date | April 2, 2023 | 
| Total Dividends for 2022 | |
| Total dividends | SAR 12.750 bln | 
| Percentage of capital | 42.5% (SAR 4.25 a share) | 
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes | 
| 13/12/2022 | 13/03/2023 | 02/04/2023 | 6,000.00 | 2.00 | |
| 19/06/2022 | 11/09/2022 | 02/10/2022 | 6,750.00 | 2.25 | |
| 15/12/2021 | 10/04/2022 | 25/04/2022 | 6,750.00 | 2.25 | |
| 22/06/2021 | 19/09/2021 | 03/10/2021 | 5,250.00 | 1.75 | |
| 16/12/2020 | 13/04/2021 | 03/05/2021 | 4,500.00 | 1.50 | |
| 17/06/2020 | 03/09/2020 | 20/09/2020 | 4,500.00 | 1.50 | |
| 18/12/2019 | 21/04/2020 | 12/05/2020 | 6,600.00 | 2.20 | |
| 23/05/2019 | 16/09/2019 | 30/09/2019 | 6,600.00 | 2.20 | |
| 19/12/2018 | 09/04/2019 | 30/04/2019 | 6,600.00 | 2.20 | |
| 05/06/2018 | 30/08/2018 | 17/09/2018 | 6,600.00 | 2.20 | 
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 | 11.25 | 93.10 | 12.08 % | 
| Last 5 Financial years | 20.05 | 101.42 | 19.77 % | 
| Last 10 Financial years | 44.25 | 90.25 | 49.03 % | 
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
- Investcorp in talks with PIF to explore airport investments in Saudi Arabia
- IA suspends UCA from issuing, renewing mandatory insurance products
- Time to cut govt, PIF spending, let pvt sector invest: Minister
- Riyadh Cables acquires 51% stake in Uzbek entity for SAR 147.7M
- Saudi Arabia imposes final anti-dumping duties on Chinese titanium dioxide imports
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG | 
| P/E Before Unusual Items (TTM) | More than 100 | 
| P/BV | 1.18 | 
| Dividend Yield | 5.07 % | 
| Market Cap. (M) | 181,500.18 | 
| Return on Average Assets | (2.21 %) | 
| Return on Average Equity | (3.88 %) | 
        Call Request
    
 
                                            
                                            
                                            
                                            
                                             
                
             
        
     
                 
                
Comments Analysis: