SABIC board declares 16% cash dividend for H2 2023
Saudi Basic Industries Corp.’s (SABIC) board approved in its meeting, held on Dec. 11, the payment of a cash dividend at 16% of capital, or SAR 1.6 a share, for H2 2023, payable on March 4, 2024, according to a statement to Tadawul.
H2 2023 Cash Dividends |
|
Current Capital |
SAR 30 bln |
No. of Shares |
3 bln |
Total Dividends |
SAR 4.8 bln |
Percentage of Capital |
16% (SAR 1.6 a share) |
Record Date |
Feb. 12, 2024 for shareholders of record and those registered with Edaa on the second trading day after the record date |
Payment Date |
March 4, 2024 |
Total Dividends (Full Year) |
|
Total Dividends |
SAR 10.2 bln |
Percentage of Capital |
34% (SAR 3.4 a share) |
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
12/12/2023 | 12/02/2024 | 04/03/2024 | 4,800.00 | 1.60 | |
15/06/2023 | 12/09/2023 | 02/10/2023 | 5,400.00 | 1.80 | |
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 |
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 | 11.65 | 100.60 | 11.58 % |
Last 5 Financial years | 19.05 | 116.20 | 16.39 % |
Last 10 Financial years | 42.65 | 113.50 | 37.58 % |
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) | More than 100 |
P/E Before Unusual Items (TTM) | 76.89 |
P/BV | 1.08 |
Dividend Yield | 5.07 % |
Market Cap. (M) | 168,000.17 |
Return on Average Assets | 0.03 % |
Return on Average Equity | 0.05 % |
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