Yamama Cement’s EGM approves 10% dividends for 2024
Shareholders of Yamama Cement Co. approved the board of director’s recommendation to distribute a 10% cash dividend (SAR 1 a share) for 2024, during the extraordinary general meeting (EGM) held on April 14, according to a statement to Tadawul.
|
Cash Dividends (2024) |
|
|
Current Capital |
SAR 2.02 bln |
|
Number of Shares |
202.5 mln |
|
Total Dividends |
SAR 202.5 mln |
|
Percentage of Capital |
10% (SAR 1 a share) |
|
Record Date |
April 14, 2025 (Shareholders registered with Edaa on the second trading day following the EGM) |
|
Payment Date |
May 4, 2025 |
Shareholders also approved other agenda items including the amendments to certain articles of the company's bylaws and several contracts entered into with related parties.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 19/02/2025 | 14/04/2025 | 04/05/2025 | 202.50 | 1.00 | |
| 12/02/2024 | 25/03/2024 | 21/04/2024 | 202.50 | 1.00 | |
| 15/02/2023 | 20/03/2023 | 09/04/2023 | 202.50 | 1.00 | |
| 11/02/2020 | 06/04/2020 | 20/04/2020 | 101.25 | 0.50 | |
| 19/01/2017 | 27/02/2017 | 19/03/2017 | 50.63 | 0.25 | |
| 21/07/2016 | 15/08/2016 | 25/09/2016 | 50.63 | 0.25 | |
| 21/04/2016 | 28/04/2016 | 22/05/2016 | 101.25 | 0.50 | |
| 26/01/2016 | 29/02/2016 | 14/03/2016 | 151.88 | 0.75 | |
| 20/10/2015 | 30/11/2015 | 17/12/2015 | 151.88 | 0.75 | |
| 09/07/2015 | 30/07/2015 | 17/08/2015 | 151.88 | 0.75 |
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 | 3.00 | 25.90 | 11.58 % |
| Last 5 Financial years | 3.00 | 26.60 | 11.28 % |
| Last 10 Financial years | 7.50 | 48.10 | 15.59 % |
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) | 10.34 |
| Recurring P/E | 14.69 |
| P/BV | 0.98 |
| Dividend Yield | 4.29 % |
| Market Cap. (M) | 5,011.88 |
| Return on Average Assets | 6.40 % |
| Return on Average Equity | 9.60 % |
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