Saudi Electricity shareholders approve 7% cash dividend for 2022
Saudi Electricity Co.’s (SEC) shareholders approved a 7% cash dividend for 2022, at SAR 0.70 per share, during the ordinary general meeting (OGM) held on May 9.
Dividend Details |
|
Current Capital |
SAR 41.66 bln |
Number of Shares |
4.16 bln |
Total Dividend |
SAR 2.91 bln |
Percentage of Capital |
7% (SAR 0.70 per share) |
Record Date |
May 9, 2023 (Shareholders of record on the EGM date and those registered with Edaa by the close of the second trading day after the record date) |
Payment Date |
May 25, 2023 |
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
15/03/2023 | 09/05/2023 | 25/05/2023 | 2,916.62 | 0.70 | |
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 |
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 | 21.20 | 9.91 % |
Last 5 Financial years | 3.50 | 15.16 | 23.09 % |
Last 10 Financial years | 7.00 | 14.55 | 48.11 % |
Based on the beginning of the period (January 1 of the base year)
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Valuation Data (Latest Share Price)
P/E (TTM) | NEG |
P/E Before Unusual Items (TTM) | 11.32 |
P/BV | 0.75 |
Dividend Yield | 4.14 % |
Market Cap. (M) | 62,790.57 |
Return on Average Assets | (0.34 %) |
Return on Average Equity | (2.11 %) |
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