AI Summary
Middle East Pharmaceutical Industries Co.’s (Avalon Pharma) board of directors agreed on the distribution of a 7.5% cash dividend, at SAR 0.75 per share, for H1 2024, the company said in a statement to Tadawul.
|
Dividend Details (H1 2024) |
|
|
Capital |
SAR 200.00 mln |
|
Number of Shares |
20.00 mln |
|
Total Dividend |
SAR 15.00 mln |
|
Percentage of Capital |
7.5% (SAR 0.75 per share) |
|
Record Date |
Sept. 1, 2024 |
|
Payment Date |
Sept. 15, 2024 |
According to data available to Argaam, this will be the first dividend distribution for the company after being listed on TASI last February.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 30/07/2024 | 01/09/2024 | 15/09/2024 | 15.00 | 0.75 |
| 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 |
| P/E (TTM) | 23.25 |
| P/E Before Unusual Items (TTM) | 23.25 |
| P/BV | 6.09 |
| Dividend Yield | 1.64 % |
| Market Cap. (M) | 2,262.00 |
| Return on Average Assets | 18.36 % |
| Return on Average Equity | 27.90 % |
Be the first to comment
Comments Analysis: