Yamama Cement EGM to vote on 10% cash dividend for 2023 on March 25
Shareholders of Yamama Cement Co. are set to vote on the board’s proposal to distribute a 10% cash dividend, or SAR 1 per share, for 2023, during an extraordinary general meeting (EGM) scheduled for March 25, as follows:
|
Dividend Details (2023) |
|
|
Current Capital |
SAR 2.02 bln |
|
Number of Shares |
202.5 mln |
|
Total Dividends |
SAR 202.5 mln |
|
Percentage of Capital |
10% (SAR 1 per share) |
|
Record Date |
March 25, 2024 (Shareholders of record and those registered with Edaa at the end of the second trading day following record date) |
|
Payment Date |
To be determined later |
Shareholders will also vote to elect board members for the forthcoming term, running from March 29, 2024, to March 28, 2028, according to a Tadawul statement today, Feb. 27.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 12/02/2024 | 25/03/2024 | 21/04/2024 | 202.50 | 1.00 | |
| 15/02/2023 | 20/03/2023 | 09/04/2023 | 202.50 | 1.00 | |
| 11/02/2020 | 06/04/2020 | 20/04/2020 | 101.25 | 0.50 | |
| 19/01/2017 | 27/02/2017 | 19/03/2017 | 50.63 | 0.25 | |
| 21/07/2016 | 15/08/2016 | 25/09/2016 | 50.63 | 0.25 | |
| 21/04/2016 | 28/04/2016 | 22/05/2016 | 101.25 | 0.50 | |
| 26/01/2016 | 29/02/2016 | 14/03/2016 | 151.88 | 0.75 | |
| 20/10/2015 | 30/11/2015 | 17/12/2015 | 151.88 | 0.75 | |
| 09/07/2015 | 30/07/2015 | 17/08/2015 | 151.88 | 0.75 | |
| 15/04/2015 | 31/05/2015 | 22/06/2015 | 151.88 | 0.75 |
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 | 2.00 | 28.45 | 7.03 % |
| Last 5 Financial years | 2.50 | 12.80 | 19.53 % |
| Last 10 Financial years | 9.50 | 57.50 | 16.52 % |
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) | 7.68 |
| Recurring P/E (TTM) | 10.48 |
| P/BV | 0.79 |
| Dividend Yield | 4.29 % |
| Market Cap. (M) | 4,023.68 |
| Return on Average Assets | 6.95 % |
| Return on Average Equity | 10.43 % |
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