Southern Cement board recommends 6.5% dividend for H2 2023
Southern Province Cement Co.’s board of directors recommended, on March 13, a 6.5% cash dividend for the second half of 2023, at SAR 0.65 per share, the company said in a statement to Tadawul.
|
Dividend (H2 2023) |
|
|
Current Capital |
SAR 1.4 bln |
|
Number of Shares |
140 mln |
|
Total Dividends |
SAR 91 mln |
|
Percentage of Capital |
6.5% (SAR 0.65 per share) |
|
Record Date |
Shareholders at the end of day on which the next general meeting is held, and those registered with the Securities Depository Center (Edaa) at the end of the second trading day following the record date |
|
Payment Date |
Later |
|
Dividend (2023) |
|
|
Total Dividends |
SAR 140 mln |
|
Percentage of Capital |
10% (SAR 1 per share) |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 14/03/2024 | 20/05/2024 | 29/05/2024 | 91.00 | 0.65 | |
| 31/08/2023 | 03/09/2023 | 17/09/2023 | 49.00 | 0.35 | |
| 28/03/2023 | 30/05/2023 | 11/06/2023 | 70.00 | 0.50 | |
| 08/09/2022 | 14/09/2022 | 26/09/2022 | 105.00 | 0.75 | |
| 03/03/2022 | 12/04/2022 | 24/04/2022 | 175.00 | 1.25 | |
| 29/07/2021 | 10/08/2021 | 22/08/2021 | 175.00 | 1.25 | |
| 03/03/2021 | 11/04/2021 | 25/04/2021 | 350.00 | 2.50 | |
| 23/07/2020 | 09/08/2020 | 23/08/2020 | 315.00 | 2.25 | |
| 05/03/2020 | 05/04/2020 | 19/04/2020 | 315.00 | 2.25 | |
| 05/08/2019 | 30/09/2019 | 06/10/2019 | 175.00 | 1.25 |
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 | 4.75 | 83.70 | 5.68 % |
| Last 5 Financial years | 13.00 | 37.15 | 34.99 % |
| Last 10 Financial years | 32.25 | 110.50 | 29.19 % |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Most Read
- Batterjee Holding plans Tadawul listing in 2028: Chairman
- PIF Sold Al-Hilal and Bought EA: What Two Saudi Deals Tell Us About the Economics of Football
- Oil prices extend decline; Brent falls below $104
- Saudi Arabia weighs EA-Savvy merger to create global gaming giant
- IEA sees further decline in global oil supply
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| Recurring P/E (TTM) | NEG |
| P/BV | 0.89 |
| Dividend Yield | 2.24 % |
| Market Cap. (M) | 2,721.60 |
| Return on Average Assets | (1.44 %) |
| Return on Average Equity | (2.27 %) |
Call Request
Comments Analysis: