Astra to vote on 30% cash dividend for 2024 on April 20

26/03/2025 Argaam Exclusive

Astra Industrial Group shareholders will discuss the board’s recommendation to distribute cash dividends at 30% of capital, or SAR 3 a share, for 2024, during the ordinary general meeting (OGM) scheduled for April 20, according to a statement to Tadawul.

 

Cash Dividends (2024)

Current Capital

SAR 800 mln

Number of Shares

80 mln

Total Dividends

SAR 240  mln

Percentage of Capital

30% (SAR 3 a share)

Record Date

April 20, 2025, shareholders of record and those registered with Edaa on the second trading day following the record date.

Payment Date

April 29, 2025

 

Shareholders will also authorize the board of directors to distribute interim dividends on a quarterly or semiannual basis for 2025.

 

Further, they will elect new board members for the upcoming three-year term, commencing April 22, 2025, the statement added.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
13/03/2025 20/04/2025 29/04/2025 240.00 3.00
27/03/2024 24/06/2024 30/06/2024 200.00 2.50
16/03/2023 28/05/2023 04/06/2023 200.00 2.50
16/03/2022 21/04/2022 28/04/2022 120.00 1.50
11/03/2021 11/04/2021 20/04/2021 60.00 0.75
28/03/2018 17/05/2018 07/06/2018 40.00 0.50
19/03/2017 16/05/2017 06/06/2017 40.00 0.50
10/03/2015 28/04/2015 18/05/2015 55.60 0.70
26/02/2014 29/04/2014 14/05/2014 129.70 1.62
23/02/2013 22/04/2013 14/05/2013 129.70 1.62
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 8.00 39.10 20.46 %
Last 5 Financial years 10.25 15.60 65.71 %
Last 10 Financial years 11.25 29.51 38.12 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

149.00
0.40 0.27 %

Valuation Data (Latest Share Price)

P/E (TTM) 19.30
P/E Before Unusual Items (TTM) 19.30
P/BV 4.52
Dividend Yield 1.67 %
Market Cap. (M) 11,920.01
Return on Average Assets 13.83 %
Return on Average Equity 25.31 %

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