eXtra to distribute 30% dividend for H2 2024
The board of United Electronics Co. (eXtra) declared on March 4 a 30% cash dividend, or SAR 3 per share, for the second half of 2024.
|
Dividend Details (H2 2024) |
|
|
Current Capital |
SAR 800 mln |
|
Number of Shares |
80 mln |
|
Dividend |
SAR 240 mln |
|
Percentage of Capital |
30% (SAR 3 per share) |
|
Record Date |
March 18, 2025 (Shareholders registered with Edaa by the close of the second trading day following the record date) |
|
Payment Date |
April 7, 2024 |
|
Dividend Details (2024) |
|
|
Dividend |
SAR 800 mln |
|
Percentage of Capital |
100% (SAR 10 per share) |
According to data available on Argaam, eXtra previously distributed SAR 2 per share for H1 2024 and SAR 5 per share as exceptional dividend for Q4 2024.
The exceptional dividend decision was based on the returns achieved by the company following the successful completion of the initial public offering (IPO) of its subsidiary, United International Holding Co., and its listing on the Main Market (TASI).
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 05/03/2025 | 18/03/2025 | 07/04/2025 | 240.00 | 3.00 | |
| 19/12/2024 | 23/12/2024 | 31/12/2024 | 400.00 | 5.00 | |
| 30/07/2024 | 01/08/2024 | 15/08/2024 | 160.00 | 2.00 | |
| 07/03/2024 | 11/03/2024 | 21/03/2024 | 160.00 | 2.00 | |
| 31/07/2023 | 02/08/2023 | 20/08/2023 | 120.00 | 1.50 | |
| 13/04/2023 | 18/05/2023 | 04/06/2023 | 160.00 | 2.00 | |
| 08/09/2022 | 11/08/2022 | 25/08/2022 | 150.00 | 1.88 | |
| 08/03/2022 | 14/04/2022 | 28/04/2022 | 150.00 | 1.88 | |
| 12/07/2021 | 15/07/2021 | 05/08/2021 | 120.00 | 1.50 | |
| 18/03/2021 | 25/03/2021 | 12/04/2021 | 120.00 | 1.50 |
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 | 17.38 | 106.35 | 16.34 % |
| Last 5 Financial years | 23.00 | 46.69 | 49.27 % |
| Last 10 Financial years | 27.04 | 30.82 | 87.74 % |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 12.70 |
| Recurring P/E | 12.70 |
| P/BV | 4.15 |
| Dividend Yield | 5.92 % |
| Market Cap. (M) | 6,424.01 |
| Return on Average Assets | 8.27 % |
| Return on Average Equity | 32.43 % |
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