Saudi Cement board recommends 10% cash dividend for H2 2023
Saudi Cement Co.'s board of directors, in a meeting today, Feb. 7, recommended the distribution of a 10% cash dividend, at SAR 1 per share, for the second half of 2023, according to a statement to Tadawul.
|
Dividend Details (H2 2023) |
|
|
Current Capital |
SAR 1.53 bln |
|
Number of Shares |
153 mln |
|
Total Dividends |
SAR 153 mln |
|
Percentage of Capital |
10% (SAR 1 per share) |
|
Eligibility |
Shareholders of record by the end of trading on the general assembly date and those registered with Securities Depository Center (Edaa) at the end of the second trading day following the general assembly date |
|
Payment Date |
To be announced later |
|
Dividend Details (2023) |
|
|
Percentage of Capital |
25% (SAR 2.5 per share) |
|
Total Dividends |
SAR 382.5 mln |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 07/02/2024 | 24/04/2024 | 08/05/2024 | 153.00 | 1.00 | |
| 07/06/2023 | 11/06/2023 | 20/06/2023 | 229.50 | 1.50 | |
| 01/02/2023 | 13/04/2023 | 07/05/2023 | 267.75 | 1.75 | |
| 02/06/2022 | 05/06/2022 | 15/06/2022 | 229.50 | 1.50 | |
| 01/02/2022 | 10/04/2022 | 20/04/2022 | 306.00 | 2.00 | |
| 02/06/2021 | 06/06/2021 | 16/06/2021 | 229.50 | 1.50 | |
| 03/02/2021 | 07/04/2021 | 19/04/2021 | 306.00 | 2.00 | |
| 10/06/2020 | 15/06/2020 | 25/06/2020 | 229.50 | 1.50 | |
| 06/02/2020 | 21/04/2020 | 05/05/2020 | 306.00 | 2.00 | |
| 29/05/2019 | 12/06/2019 | 02/07/2019 | 229.50 | 1.50 |
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 | 9.25 | 60.50 | 15.29 % |
| Last 5 Financial years | 16.25 | 47.45 | 34.25 % |
| Last 10 Financial years | 41.00 | 101.50 | 40.39 % |
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) | 14.41 |
| P/E Before Unusual Items (TTM) | 14.41 |
| P/BV | 2.57 |
| Dividend Yield | 6.45 % |
| Market Cap. (M) | 5,443.75 |
| Return on Average Assets | 11.81 % |
| Return on Average Equity | 17.86 % |
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