Riyadh Cables EGM approves 22.5% dividend for H2 2025
Riyadh Cables Group Co. shareholders approved the board recommendation to distribute a 22.5% cash dividend (SAR 2.25 per share) for H2 2025, during the extraordinary general meeting (EGM) held on May 10, according to a Tadawul statement.
|
Dividend Details (H2 2025) |
|
|
Current Capital |
SAR 1.5 bln |
|
No. of Shares* |
150 mln |
|
Total Dividend |
SAR 336.86 mln |
|
Payment Ratio |
22.5% (SAR 2.25 a share) |
|
Record Date |
May 10, 2026 (Shareholders of record with Edaa at the close of the second trading day following the record date |
|
Payment Date |
May 18, 2026 |
|
Cash Dividends (2025) |
|
|
Total Dividends |
SAR 636.3 mln |
|
Percentage of Capital |
42.5% (SAR 4.25 a share) |
*149.72 mln shares eligible for dividend payout
In a statement to Tadawul, the company said shareholders approved the repurchase of up to 300,000 shares to be allocated under the long-term employee stock incentive program, with the buyback to be financed through the company’s own resources or credit facilities.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 15/03/2026 | 10/05/2026 | 18/05/2026 | 336.86 | 2.25 | |
| 10/09/2025 | 29/09/2025 | 14/10/2025 | 299.44 | 2.00 | |
| 10/03/2025 | 17/04/2025 | 07/05/2025 | 299.44 | 2.00 | |
| 04/09/2024 | 19/09/2024 | 10/10/2024 | 224.58 | 1.50 | |
| 07/03/2024 | 21/04/2024 | 12/05/2024 | 224.58 | 1.50 | |
| 04/10/2023 | 16/10/2023 | 06/11/2023 | 149.97 | 1.00 | |
| 12/03/2023 | 20/06/2023 | 13/07/2023 | 225.00 | 1.50 |
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 | 10.25 | 37.15 | 27.58 % |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 14.25 |
| Recurring P/E (TTM) | 14.25 |
| P/BV | 4.65 |
| Dividend Yield | 3.25 % |
| Market Cap. (M) | 16,155.02 |
| Return on Average Assets | 15.21 % |
| Return on Average Equity | 35.51 % |
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