Sipchem board OKs 7.5% cash dividend for H2 2023
The board of Sahara International Petrochemical Co. (Sipchem) declared, on Dec. 11, a 7.5% cash dividend, or SAR 0.75 per share, for the second half of 2023, according to a Tadawul statement.
|
Dividend Details (H2 2023) |
|
|
Current Capital |
SAR 7.33 bln |
|
Number of Shares* |
733.33 mln |
|
Total Dividend |
SAR 543.84 mln |
|
Percentage of Capital |
7.5% (SAR 0.75 per share) |
|
Record Date |
Dec. 13, 2023 (Shareholders registered with the Securities Depository Center Co. by the close of the second trading day following the record date) |
|
Payment Date |
Dec. 25, 2023 |
|
Full-Year Dividend |
|
|
Dividend |
SAR 1.45 bln |
|
Percentage of capital |
20% |
*Number of shares eligible for dividend stands at 725.12 mln
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 12/12/2023 | 13/12/2023 | 25/12/2023 | 543.84 | 0.75 | |
| 22/06/2023 | 06/07/2023 | 19/07/2023 | 906.40 | 1.25 | |
| 01/12/2022 | 05/12/2022 | 15/12/2022 | 1,087.68 | 1.50 | |
| 29/06/2022 | 06/07/2022 | 27/07/2022 | 1,270.89 | 1.75 | |
| 15/12/2021 | 20/12/2021 | 30/12/2021 | 1,090.74 | 1.49 | |
| 23/06/2021 | 30/06/2021 | 14/07/2021 | 550.00 | 0.75 | |
| 15/12/2020 | 24/12/2020 | 06/01/2021 | 366.67 | 0.50 | |
| 26/09/2019 | 02/10/2019 | 16/10/2019 | 440.00 | 0.60 | |
| 24/12/2018 | 01/01/2019 | 15/01/2019 | 238.33 | 0.65 | |
| 26/07/2018 | 01/08/2018 | 15/08/2018 | 183.33 | 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 | 7.49 | 17.02 | 43.99 % |
| Last 5 Financial years | 8.59 | 20.00 | 42.94 % |
| Last 10 Financial years | 12.09 | 32.20 | 37.54 % |
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
- Masar terminates main contractor for superstructure projects over material breaches
- NDMC closes November issuance of SAR-denominated sukuk program at SAR 5.83B
- solutions signs SAR 261.9M contract with center3
- India’s Vedanta working on 3 strategic projects in Saudi Arabia
- Arabian Pipes, Aramco sign SAR 47M contract
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 0.88 |
| Dividend Yield | 3.97 % |
| Market Cap. (M) | 12,627.96 |
| Return on Average Assets | (1.99 %) |
| Return on Average Equity | (2.82 %) |
Call Request
Comments Analysis: