Arabian Cement shareholders approve 7.5% dividend for H2 2024
Shareholders of Arabian Cement Co. approved the board's recommendation on a 7.5% cash dividend, at SAR 0.75 per share, for the second half of 2024.
The approval came during the ordinary general meeting (OGM) held on April 27, the cement producer said in a Tadawul statement.
|
Dividend Details (H2 2024) |
|
|
Current capital |
SAR 1 bln |
|
Number of shares |
100 mln |
|
Dividend |
SAR 75 mln |
|
Percentage of capital |
7.5% (SAR 0.75 per share) |
|
Record date |
April 27, 2025 (Shareholders registered with Edaa at the end of the second trading day following the record date) |
|
Payment date |
May 15, 2025 |
|
Dividend Details (2024) |
|
|
Dividend |
SAR 150 mln |
|
Percentage of capital |
15% (SAR 1.5 per share) |
The shareholders also authorized the board of directors to distribute interim dividends, quarterly or semi-annually, for 2025.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 19/02/2025 | 27/04/2025 | 15/05/2025 | 75.00 | 0.75 | |
| 29/07/2024 | 30/07/2024 | 15/08/2024 | 75.00 | 0.75 | |
| 10/03/2024 | 28/04/2024 | 09/05/2024 | 75.00 | 0.75 | |
| 07/08/2023 | 10/08/2023 | 25/08/2023 | 75.00 | 0.75 | |
| 23/02/2023 | 09/04/2023 | 17/04/2023 | 110.00 | 1.10 | |
| 09/08/2022 | 31/08/2022 | 15/09/2022 | 110.00 | 1.10 | |
| 28/02/2022 | 17/04/2022 | 12/05/2022 | 150.00 | 1.50 | |
| 16/08/2021 | 18/08/2021 | 06/09/2021 | 125.00 | 1.25 | |
| 01/03/2021 | 11/04/2021 | 02/05/2021 | 125.00 | 1.25 | |
| 26/07/2020 | 10/08/2020 | 26/08/2020 | 100.00 | 1.00 |
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 | 5.20 | 37.75 | 13.77 % |
| Last 5 Financial years | 10.20 | 36.70 | 27.79 % |
| Last 10 Financial years | 25.45 | 79.16 | 32.15 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Most Read
- Petro Rabigh EGM approves capital reduction to SAR 16.7B
- Alinma Bank EGM to vote on capital hike, share repurchase on April 21
- Saudi Networkers board OKs 18.8% cash dividend for H2 2025
- Advanced CEO says geopolitical tensions lift prices, no major impact on volumes
- Masar inks SAR 500M revolving facility with SAB
Valuation Data (Latest Share Price)
| P/E (TTM) | 14.33 |
| P/E Before Unusual Items (TTM) | 14.33 |
| P/BV | 0.92 |
| Dividend Yield | 7.07 % |
| Market Cap. (M) | 2,365.00 |
| Return on Average Assets | 5.37 % |
| Return on Average Equity | 6.42 % |
Comments Analysis: