Aldrees shareholders approve 15% cash dividends for 2024
Aldrees Petroleum and Transport Services Co.’s shareholders approved the recommendation of the board of directors to pay cash dividends at 15% of capital, or SAR 1.5 per share, for 2024, according to a statement to Tadawul.
The shareholder approval came during the ordinary general meeting (OGM) held on Feb. 27.
|
Dividend Details (2024) |
|
|
Current Capital |
SAR 1 billion |
|
Number of Shares |
100 mln |
|
Total Dividends |
SAR 150 mln |
|
Percentage of Capital |
15% (SAR 1.5 a share) |
|
Record Date |
Feb. 27, 2025, Shareholders of record and those registered with Edaa on the second trading day following the general meeting |
|
Payment Date |
March 13, 2025 |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 21/01/2025 | 27/02/2025 | 13/03/2025 | 150.00 | 1.50 | |
| 28/01/2024 | 05/05/2024 | 20/05/2024 | 75.00 | 0.75 | |
| 22/01/2023 | 01/05/2023 | 15/05/2023 | 150.00 | 1.50 | |
| 18/01/2022 | 28/02/2022 | 14/03/2022 | 112.50 | 1.13 | |
| 19/01/2021 | 14/04/2021 | 28/04/2021 | 60.00 | 0.60 | |
| 31/03/2020 | 28/04/2020 | 12/05/2020 | 90.00 | 0.90 | |
| 17/01/2019 | 18/03/2019 | 02/04/2019 | 50.00 | 0.50 | |
| 18/01/2018 | 05/03/2018 | 19/03/2018 | 50.00 | 0.50 | |
| 17/01/2017 | 12/03/2017 | 22/03/2017 | 40.00 | 0.40 | |
| 18/01/2016 | 02/03/2016 | 28/03/2016 | 80.00 | 0.80 |
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 | 3.75 | 49.97 | 7.50 % |
| Last 5 Financial years | 5.48 | 37.21 | 14.71 % |
| Last 10 Financial years | 8.58 | 21.01 | 40.82 % |
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) | 27.78 |
| P/E Before Unusual Items (TTM) | 27.78 |
| P/BV | 7.61 |
| Dividend Yield | 1.56 % |
| Market Cap. (M) | 12,090.01 |
| Return on Average Assets | 4.73 % |
| Return on Average Equity | 29.35 % |
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