Bupa Arabia board proposes 40% cash dividend for 2023
Bupa Arabia for Cooperative Insurance Co.’s board recommended today, May 28, paying dividends at 40% of capital, or SAR 4 a share, for 2023, according to a statement to Tadawul.
|
Dividends Details (2023) |
|
|
Current Capital |
SAR 1.5 bln |
|
Number of Shares |
150 mln |
|
Total Dividends |
SAR 600 mln |
|
Percentage of Capital |
40% (SAR 4 a share) |
|
Record Date |
Shareholders of record and those registered with Edaa on the second trading day following the general meeting date, to be set later after obtaining the regulatory approvals |
|
Payment Date |
To be determined later |
The Saudi insurer earlier obtained the Insurance Authority’s (IA) approval on the board’s dividend proposal, the statement added.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 28/05/2024 | 30/06/2024 | 17/07/2024 | 600.00 | 4.00 | |
| 03/05/2023 | 22/06/2023 | 17/07/2023 | 540.00 | 3.60 | |
| 06/06/2022 | 30/06/2022 | 20/07/2022 | 540.00 | 3.60 | |
| 25/04/2021 | 24/06/2021 | 08/07/2021 | 408.00 | 2.72 | |
| 30/04/2019 | 30/06/2019 | 14/07/2019 | 180.00 | 1.20 | |
| 17/04/2018 | 31/05/2018 | 11/06/2018 | 160.00 | 1.07 | |
| 13/03/2017 | 08/05/2017 | 21/05/2017 | 120.00 | 0.80 | |
| 25/04/2016 | 01/06/2016 | 27/06/2016 | 160.00 | 1.07 | |
| 23/04/2014 | 05/06/2014 | 25/06/2014 | 20.00 | 0.13 | |
| 02/03/2013 | 10/04/2013 | 07/05/2013 | 40.00 | 0.27 |
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 | 11.60 | 103.55 | 11.20 % |
| Last 5 Financial years | 17.92 | 81.14 | 22.09 % |
| Last 10 Financial years | 22.05 | 45.21 | 48.78 % |
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) | 20.89 |
| P/E Before Unusual Items (TTM) | 20.89 |
| P/BV | 3.94 |
| Dividend Yield | 1.93 % |
| Market Cap. (M) | 22,485.03 |
| Return on Average Assets | 6.75 % |
| Return on Average Equity | 19.71 % |
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