Aldrees shareholders approve 20% dividend for 2025
Aldrees Petroleum and Transport Services Co.’s shareholders approved the board’s recommendation to pay a cash dividend at 20% of capital, or SAR 2 per share, for 2025, during the ordinary general meeting (OGM) held on March 2, according to a statement to Tadawul.
|
Cash Dividend Details (2025) |
|
|
Current Capital |
SAR 1 bln |
|
Number of Shares* |
100 mln |
|
Total Dividends |
SAR 200 mln |
|
Percentage of Capital |
20% (SAR 2 a share) |
|
Record Date |
March 2, 2026, shareholders registered with Edaa by the end of the second trading day following the record date |
|
Date of Payment |
March 16, 2026 |
Shareholders further approved the other agenda items, including the business contracts to be concluded with Aldrees Industrial & Trading Co. (Alitco). Abdulmohsen Aldrees is a related party as he has an indirect interest, being a board member and shareholder in Alitco.
These transactions, valued at SAR 18.3 million for 2025, entail the purchase of gasoline pumps from Alitco and they do not include any preferential terms.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 22/01/2026 | 02/03/2026 | 16/03/2026 | 200.00 | 2.00 | |
| 21/01/2025 | 27/02/2025 | 13/03/2025 | 150.00 | 1.50 | |
| 28/01/2024 | 05/05/2024 | 20/05/2024 | 75.00 | 0.75 | |
| 22/01/2023 | 01/05/2023 | 15/05/2023 | 150.00 | 1.50 | |
| 18/01/2022 | 28/02/2022 | 14/03/2022 | 112.50 | 1.13 | |
| 19/01/2021 | 14/04/2021 | 28/04/2021 | 60.00 | 0.60 | |
| 31/03/2020 | 28/04/2020 | 12/05/2020 | 90.00 | 0.90 | |
| 17/01/2019 | 18/03/2019 | 02/04/2019 | 50.00 | 0.50 | |
| 18/01/2018 | 05/03/2018 | 19/03/2018 | 50.00 | 0.50 | |
| 17/01/2017 | 12/03/2017 | 22/03/2017 | 40.00 | 0.40 |
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 | 4.25 | 55.60 | 7.64 % |
| Last 5 Financial years | 6.88 | 38.60 | 17.81 % |
| Last 10 Financial years | 9.78 | 17.26 | 56.64 % |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 31.29 |
| P/E Before Unusual Items (TTM) | 31.29 |
| P/BV | 7.82 |
| Dividend Yield | 1.56 % |
| Market Cap. (M) | 13,200.01 |
| Return on Average Assets | 4.73 % |
| Return on Average Equity | 27.17 % |
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