Thob Al Aseel board approves 10% cash dividend for H2 2023
Thob Al Aseel Co. board declared today, Feb. 20 the payment of a cash dividend at 10% of capital, or SAR 0.10 a share, for the second half of 2023, according to a statement to Tadawul.
|
Dividend Details (H2 2023) |
|
|
Current Capital |
SAR 400 mln |
|
No. of Shares |
400 mln |
|
Total Dividend |
SAR 40 mln |
|
Percentage of Capital |
10% (SAR 0.10 a share) |
|
Eligibility |
Shareholders of record by the end of trading on March 6, 2024, and those registered with Edaa by the end of the second trading day after the record date |
|
Payment Date |
Within 15 business days from record date |
|
Dividend Details (2023) |
|
|
Total Dividends |
SAR 75 mln |
|
Percentage of Capital |
18.75% (SAR 0.187/share) |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 20/02/2024 | 06/03/2024 | 27/03/2024 | 40.00 | 0.10 | |
| 19/07/2023 | 24/07/2023 | 14/08/2023 | 35.00 | 0.09 | |
| 28/02/2023 | 21/03/2023 | 11/04/2023 | 30.00 | 0.08 | |
| 28/07/2022 | 03/08/2022 | 24/08/2022 | 30.00 | 0.08 | |
| 21/02/2022 | 12/04/2022 | 26/04/2022 | 30.00 | 0.08 | |
| 15/07/2021 | 19/09/2021 | 10/10/2021 | 22.50 | 0.06 | |
| 20/07/2020 | 14/09/2020 | 27/09/2020 | 30.00 | 0.08 | |
| 18/02/2020 | 08/03/2020 | 18/03/2020 | 37.50 | 0.09 | |
| 22/07/2019 | 25/07/2019 | 04/08/2019 | 30.00 | 0.08 | |
| 24/02/2019 | 22/05/2019 | 30/05/2019 | 30.00 | 0.08 |
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 | 0.47 | 5.58 | 8.40 % |
| Last 5 Financial years | 0.71 | 1.53 | 46.42 % |
| Last 10 Financial years | N/A | N/A | N/A |
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) | 11.45 |
| Recurring P/E (TTM) | 11.45 |
| P/BV | 2.05 |
| Dividend Yield | 5.93 % |
| Market Cap. (M) | 1,264.00 |
| Return on Average Assets | 13.83 % |
| Return on Average Equity | 18.29 % |
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