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Dividend History
Tawuniya shareholders to vote on 15% dividend, share buyback on May 27
30/04/2025
Argaam Exclusive
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Shareholders of The Company for Cooperative Insurance (Tawuniya) are set to vote on the board’s recommendation on a 15% cash dividend, at SAR 1.5 per share, for 2024, during the extraordinary general meeting (EGM) scheduled for May 27.
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Dividend Details (2024)
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Current capital
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SAR 1.50 bln
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Number of shares
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150 mln
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Total dividend
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SAR 225 mln
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Percentage of capital
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15% (SAR 1.5 per share)
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Record date
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Shareholders of record by the close of trading on the EGM date and those registered with Edaa on the second trading day following the EGM date.
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Payment date
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June 22, 2025
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In a statement to Tadawul, Tawuniya said that its shareholders will vote on the repurchase of 199,860 shares maximum, to be allocated for the employees’ incentive program.
They will also discuss authorizing the board of directors to complete the buyback process within 18 months from the EGM date.
The share buyback will be financed from the company’s cash. Tawuniya will retain the repurchased shares for a maximum of 10 years, after which it will comply with the relevant laws and regulations.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 07/04/2025 | 27/05/2025 | 22/06/2025 | 225.00 | 1.50 | |
| 14/04/2024 | 23/06/2024 | 07/07/2024 | 150.00 | 1.00 | |
| 08/05/2023 | 07/06/2023 | 19/06/2023 | 125.00 | 0.83 | |
| 06/04/2021 | 29/04/2021 | 09/05/2021 | 100.00 | 0.67 | |
| 15/02/2017 | 21/03/2017 | 27/03/2017 | 500.00 | 3.33 | |
| 21/02/2016 | 21/03/2016 | 24/03/2016 | 100.00 | 0.67 | |
| 11/02/2015 | 16/03/2015 | 19/03/2015 | 145.00 | 0.97 | |
| 06/02/2012 | 12/03/2012 | 17/03/2012 | 262.50 | 1.75 | |
| 12/02/2011 | 30/03/2011 | 06/04/2011 | 150.00 | 1.00 | |
| 01/02/2010 | 09/03/2010 | 31/03/2010 | 200.00 | 1.33 |
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 | 3.33 | 65.00 | 5.13 % |
| Last 5 Financial years | 4.00 | 63.58 | 6.29 % |
| Last 10 Financial years | 8.00 | 34.37 | 23.28 % |
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) | 20.15 |
| P/E Before Unusual Items (TTM) | 20.84 |
| P/BV | 4.62 |
| Dividend Yield | 1.02 % |
| Market Cap. (M) | 21,900.00 |
| Return on Average Assets | 5.38 % |
| Return on Average Equity | 25.39 % |
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