Al-Babtain board proposes 10% cash dividend for 2023

30/03/2024 Argaam Exclusive

Al-Babtain Power and Telecommunication Co.’s board of directors recommended the payment of a 10% cash dividend, or SAR 1 a share, for 2023, according to a statement to Tadawul.   

 

Dividend Details (2023)

Current Capital

SAR 639.5 mln

Number of Shares

63.9 mln

Total Dividend

SAR 63.9 mln

Percentage of Capital

10% (SAR 1 a share)

Record Date

Shareholders of record on the general meeting date and those registered with Edaa on the second day of trading following the general assembly meeting date

Date of Payment

To be determined later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
30/03/2024 30/05/2024 - 63.95 1.00
02/04/2023 01/06/2023 19/06/2023 21.32 0.33
30/03/2022 08/05/2022 25/05/2022 21.30 0.33
31/12/2020 21/01/2021 09/02/2021 42.63 0.67
02/03/2020 09/03/2020 26/03/2020 21.30 0.33
11/11/2019 20/11/2019 08/12/2019 21.30 0.33
24/03/2019 10/04/2019 25/04/2019 21.30 0.33
07/11/2018 21/11/2018 10/12/2018 21.30 0.33
29/03/2018 10/04/2018 29/04/2018 21.30 0.33
28/11/2017 07/12/2017 26/12/2017 21.30 0.33
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 1.67 20.83 8.00 %
Last 5 Financial years 3.00 13.09 22.91 %
Last 10 Financial years 8.33 21.26 39.17 %
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) 19.32
P/E Before Unusual Items (TTM) 14.13
P/BV 3.02
Dividend Yield 3.64 %
Market Cap. (M) 2,733.86
Return on Average Assets 4.94 %
Return on Average Equity 16.38 %

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