-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
Saudi Electricity shareholders approve 7% cash dividend for 2024
14/05/2025
Argaam Exclusive
AI Summary
Content Summary: 
Loading data...
Please note that this news summary has been generated using artificial intelligence. It is recommended to review the original
sources for complete details and to verify the accuracy of the information.
Saudi Electricity Co.’s (SEC) shareholders approved on May 13 the board of directors’ recommendation to distribute a cash dividend of SAR 0.70 per share, or 7% of capital, for 2024, according to a statement to Tadawul.
|
Dividend Details (2024) |
|
|
Current capital |
SAR 41.66 bln |
|
Number of shares |
4.16 bln |
|
Dividend |
SAR 2.91 bln |
|
Percentage of capital |
7% (SAR 0.70 per share) |
|
Record date |
May 13, 2025. Shareholders registered with Edaa by the close of the second trading day after record date |
|
Payment date |
May 29, 2025 |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 05/03/2025 | 13/05/2025 | 29/05/2025 | 2,916.62 | 0.70 | |
| 06/03/2024 | 14/05/2024 | 30/05/2024 | 2,916.62 | 0.70 | |
| 15/03/2023 | 09/05/2023 | 25/05/2023 | 2,916.62 | 0.70 | |
| 16/03/2022 | 17/05/2022 | 06/06/2022 | 2,916.62 | 0.70 | |
| 30/03/2021 | 27/04/2021 | 20/05/2021 | 2,916.62 | 0.70 | |
| 21/04/2020 | 02/06/2020 | 16/06/2020 | 749.30 | 0.70 | |
| 13/03/2019 | 30/04/2019 | 12/05/2019 | 749.30 | 0.70 | |
| 21/03/2018 | 25/06/2018 | 17/07/2018 | 547.00 | 0.70 | |
| 21/02/2017 | 19/04/2017 | 30/04/2017 | 547.00 | 0.70 | |
| 23/02/2016 | 25/04/2016 | 08/05/2016 | 547.00 | 0.70 |
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 | 2.10 | 24.00 | 8.75 % |
| Last 5 Financial years | 3.50 | 20.22 | 17.31 % |
| Last 10 Financial years | 7.00 | 15.11 | 46.32 % |
Based on the beginning of the period (January 1 of the base year)
Follow us on
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
- Petro Rabigh greenlights engineering works for fuel oil upgrade project
- IMF raises Saudi economic growth forecast to 4% for 2025, 2026
- Saudi Arabia focused on economic, revenues growth; no plans to raise taxes: Finance Minister
- Retal’s unit signs SAR 461.9M contract with ROSHN
- NDMC closes October issuance of SAR-denominated sukuk program at SAR 7.55B
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | 13.59 |
| P/BV | 0.75 |
| Dividend Yield | 4.14 % |
| Market Cap. (M) | 64,623.88 |
| Return on Average Assets | (0.16 %) |
| Return on Average Equity | (1.07 %) |
Call Request
Comments Analysis: