Retal board declares 16% cash dividend for H2 2023

28/02/2024 Argaam Exclusive

Retal Urban Development Co.’s board of directors declared the payment of a cash dividend at 16%, or SAR 0.16 a share, for H2 2023, according to a statement to Tadawul.

 

Dividend Details (H2 2023)

Current Capital

SAR 500 mln

Number of Shares

500 mln

Nominal Value

SAR 1 a share

Total Dividend

SAR 80 mln

Percentage of Capital

16% (SAR 0.16 a share)

Record Date

May 5, 2024, shareholders of record registered with Edaa on the second trading day following the record date

Payment Date

May 16, 2024

Full Year Dividend

Total Dividend

SAR 160 mln

Percentage of Capital

32% (SAR 0.32 a share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
28/02/2024 05/05/2024 16/05/2024 80.00 0.16
01/08/2023 28/09/2023 10/10/2023 80.00 0.16
01/03/2023 02/05/2023 11/05/2023 120.00 0.24
09/08/2022 29/09/2022 12/10/2022 80.00 0.16
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 N/A N/A N/A
Last 5 Financial years N/A N/A N/A
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

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Valuation Data (Latest Share Price)

P/E (TTM) 20.53
P/E Before Unusual Items (TTM) 20.53
P/BV 6.32
Dividend Yield 3.76 %
Market Cap. (M) 4,580.00
Return on Average Assets 6.52 %
Return on Average Equity 29.73 %

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