Saudi Aramco Base Oil Co.’s (Luberef) shareholders approved the board’s recommendation to pay a cash dividend at 50%, or SAR 5 a share for H2 2022, during the ordinary general meeting, held on April 30, according to a statement to Tadawul.
|
Dividend Details (H2 2022) |
|
|
Current Capital |
SAR 1.68 bln |
|
No. of Shares* |
168.75 mln |
|
Total Dividend |
SAR 841.29 mln |
|
Percentage of Capital |
50% (SAR 5 a share) |
|
Record Date |
April 30, 2023 (Shareholders of record registered with Edaa on the second trading day following the record date) |
|
Payment Date |
May 11, 2023 |
*168.26 mln shares are eligible for dividend
Shareholders also approved authorizing the board of directors to distribute an interim dividend for 2023 on a semi-annual or a quarterly basis, the statement added.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 19/02/2023 | 30/04/2023 | 11/05/2023 | 841.29 | 5.00 |
| 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 | N/A | N/A | N/A |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 17.45 |
| P/E Before Unusual Items (TTM) | 17.49 |
| P/BV | 3.74 |
| Dividend Yield | 5.96 % |
| Market Cap. (M) | 16,638.77 |
| Return on Average Assets | 11.98 % |
| Return on Average Equity | 22.21 % |
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