Arabian Cement board announces 7.5% dividend for H1 2024
Arabian Cement Co.’s board of directors decided today, July 29, to distribute a 7.5% cash dividend, or SAR 0.75 per share, for the first half of 2024, according to a statement to Tadawul.
| Dividend Details (H1 2024) | |
| Current Capital | SAR 1 bln | 
| Number of Shares | 100 mln | 
| Total Dividend | SAR 75 mln | 
| Percentage of Capital | 7.5% (SAR 0.75 a share) | 
| Record Date | July 30, 2024: Shareholders of record and those registered with Edaa on the second trading day following the general meeting data, to be determined later | 
| Payment Date | Aug. 15, 2024 | 
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes | 
| 29/07/2024 | 30/07/2024 | 15/08/2024 | 75.00 | 0.75 | |
| 10/03/2024 | 28/04/2024 | 09/05/2024 | 75.00 | 0.75 | |
| 07/08/2023 | 10/08/2023 | 25/08/2023 | 75.00 | 0.75 | |
| 23/02/2023 | 09/04/2023 | 17/04/2023 | 110.00 | 1.10 | |
| 09/08/2022 | 31/08/2022 | 15/09/2022 | 110.00 | 1.10 | |
| 28/02/2022 | 17/04/2022 | 12/05/2022 | 150.00 | 1.50 | |
| 16/08/2021 | 18/08/2021 | 06/09/2021 | 125.00 | 1.25 | |
| 01/03/2021 | 11/04/2021 | 02/05/2021 | 125.00 | 1.25 | |
| 26/07/2020 | 10/08/2020 | 26/08/2020 | 100.00 | 1.00 | |
| 02/03/2020 | 19/04/2020 | 07/05/2020 | 100.00 | 1.00 | 
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 | 5.20 | 37.75 | 13.77 % | 
| Last 5 Financial years | 10.20 | 36.70 | 27.79 % | 
| Last 10 Financial years | 25.45 | 79.16 | 32.15 % | 
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) | 15.72 | 
| P/E Before Unusual Items (TTM) | 15.72 | 
| P/BV | 0.87 | 
| Dividend Yield | 5.77 % | 
| Market Cap. (M) | 2,214.00 | 
| Return on Average Assets | 4.61 % | 
| Return on Average Equity | 5.56 % | 
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