AI Summary
Almarai Co.’s shareholders approved a cash dividend of 11.5% of capital, or SAR 1.15 per share, for 2025 at an extraordinary general meeting held on April 21, according to a statement to Tadawul.
|
Dividend Details for 2025 |
|
|
Current Capital |
SAR 10 bln |
|
No. of Shares |
1 bln |
|
Total Dividend |
SAR 1.15 bln |
|
Percentage of Capital |
11.5% (SAR 1.15 a share) |
|
Record Date |
April 21, 2026 (shareholders registered with Edaa by the close of the second trading day following the general meeting date) |
|
Payment Date |
Starting on or before May 3, 2026 |
Shareholders also approved a buyback of up to 10 million shares to be allocated under the company’s employee stock incentive program.
Almarai said the buyback will be financed through internal resources, with the board authorized to complete the purchase within 12 months from the EGM date.
The company will retain the repurchased shares for up to seven years until they are allocated to eligible employees, after which it will follow applicable regulations.
Shareholders also approved the appointment of Abdulrahman AlFadley, Minister of Environment, Water and Agriculture, as a non-executive board member, effective Nov. 17, 2025, to complete the current term ending Aug. 6, 2029.
They also approved allowing AlFadley to participate in a competing business, as he serves on the board of National Agricultural Development Co. (NADEC), which operates in the dairy and juice sector.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 16/12/2025 | 21/04/2026 | 03/05/2026 | 1,150.00 | 1.15 | |
| 19/12/2024 | 13/04/2025 | 24/04/2025 | 1,000.00 | 1.00 | |
| 20/12/2023 | 02/04/2024 | 16/04/2024 | 1,000.00 | 1.00 | |
| 20/12/2022 | 11/04/2023 | 17/04/2023 | 1,000.00 | 1.00 | |
| 16/12/2021 | 12/04/2022 | 20/04/2022 | 1,000.00 | 1.00 | |
| 15/12/2020 | 13/04/2021 | 21/04/2021 | 1,000.00 | 1.00 | |
| 09/12/2019 | 05/04/2020 | 13/04/2020 | 850.00 | 0.85 | |
| 10/12/2018 | 07/04/2019 | 15/04/2019 | 850.00 | 0.85 | |
| 11/12/2017 | 09/04/2018 | 17/04/2018 | 750.00 | 0.75 | |
| 06/12/2016 | 26/03/2017 | 04/04/2017 | 720.00 | 0.72 |
| 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 | 3.15 | 53.50 | 5.89 % |
| Last 5 Financial years | 5.15 | 54.00 | 9.54 % |
| Last 10 Financial years | 9.32 | 47.54 | 19.60 % |
| P/E (TTM) | 19.51 |
| Recurring P/E (TTM) | 19.77 |
| P/BV | 2.31 |
| Dividend Yield | 2.66 % |
| Market Cap. (M) | 47,720.05 |
| Return on Average Assets | 6.07 % |
| Return on Average Equity | 12.23 % |
Be the first to comment
Comments Analysis: