SAIC board recommends 5% dividend for 2024
Saudi Advanced Industries Co.’s (SAIC) board recommended, on March 26, paying a 5% cash dividend, or SAR 0.5 per share, for 2024, according to a Tadawul statement.
Dividend (2024)
|
Current Capital |
SAR 600 mln |
|
Number of Shares* |
60 mln |
|
Total Dividends |
SAR 29.5 mln |
|
Percentage of Capital |
5% (SAR 0.5/share) |
|
Record Date |
Shareholders of record and those registered with Edaa by the end of the second trading day following the general assembly date |
|
Payment Date |
To be announced later |
* 59 mln shares entitled to dividends
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 20/03/2024 | 11/06/2024 | 30/06/2024 | 59.00 | 1.00 | |
| 27/03/2023 | 04/06/2023 | 19/06/2023 | 30.00 | 0.50 | |
| 13/03/2022 | 31/05/2022 | 15/06/2022 | 37.50 | 0.63 | |
| 23/03/2021 | 23/06/2021 | 05/07/2021 | 12.50 | 0.21 | |
| 19/08/2020 | 30/08/2020 | 15/09/2020 | 12.50 | 0.21 | |
| 30/12/2018 | 28/02/2019 | 13/03/2019 | 12.50 | 0.21 | |
| 10/05/2017 | 05/02/2018 | 22/02/2018 | 12.50 | 0.21 | |
| 10/05/2017 | 03/07/2017 | 19/07/2017 | 12.50 | 0.21 | |
| 23/12/2014 | 19/04/2015 | 12/05/2015 | 21.60 | 0.36 | |
| 21/02/2009 | 05/05/2009 | 26/05/2009 | 21.60 | 0.36 |
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 | 2.50 | 39.87 | 6.27 % |
| Last 5 Financial years | 3.54 | 11.43 | 30.99 % |
| Last 10 Financial years | 4.17 | 14.13 | 29.49 % |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Most Read
- Kingdom Holding, Prince Alwaleed’s combined stake in SpaceX may top $10.6B
- 1.7M pilgrims perform Hajj in 2026: GASTAT
- Gold rises as dollar falls; markets seek progress on US-Iran talks
- Oil falls as traders seek clarity on US-Iran talks
- Saudi merchandise imports fall to 3-year low at SAR 57.8B in March
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| Recurring P/E | NEG |
| P/BV | 0.99 |
| Dividend Yield | - |
| Market Cap. (M) | 1,004.40 |
| Return on Average Assets | (12.16 %) |
| Return on Average Equity | (14.23 %) |
Call Request
Comments Analysis: