Riyadh Development OGM OKs 2.5% dividend for H2 2025
Riyadh Development Co.’s (ARDCO) shareholders approved, on May 13, the board recommendation to pay a cash dividend at 2.5%, or SAR 0.25 a share, for H2 2025.
|
Cash Dividend Details (H2 2025) |
|
|
Current Capital |
SAR 2.33 bln |
|
Number of Shares |
233.9 mln |
|
Total Dividends |
SAR 58.48 mln |
|
Percentage of Capital |
2.5% (SAR 0.25 a share) |
|
Record Date |
May 13, 2026 (Shareholders registered with Edaa on the second trading day following the record date) |
|
Payment Date |
June 1, 2026 |
|
Cash Dividend Details (2025) |
|
|
Total Dividends |
SAR 116.96 mln |
|
Percentage of Capital |
5% (SAR 0.5 a share) |
During the ordinary general meeting (OGM), shareholders also authorized the board to distribute interim dividends on a quarterly or semi-annual basis for 2026.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 03/03/2026 | 13/05/2026 | 01/06/2026 | 58.48 | 0.25 | |
| 17/09/2025 | 28/09/2025 | 16/10/2025 | 58.48 | 0.25 | |
| 25/02/2025 | 08/05/2025 | 25/05/2025 | 58.48 | 0.25 | |
| 31/07/2024 | 01/09/2024 | 19/09/2024 | 44.44 | 0.25 | |
| 10/03/2024 | 23/04/2024 | 14/05/2024 | 88.89 | 0.50 | |
| 27/07/2023 | 10/08/2023 | 31/08/2023 | 44.44 | 0.25 | |
| 21/03/2023 | 30/04/2023 | 18/05/2023 | 44.44 | 0.25 | |
| 29/09/2022 | 10/10/2022 | 30/10/2022 | 44.44 | 0.25 | |
| 20/02/2022 | 12/05/2022 | 31/05/2022 | 88.89 | 0.50 | |
| 14/07/2021 | 09/09/2021 | 30/09/2021 | 177.78 | 1.00 |
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 | 1.69 | 18.16 | 9.31 % |
| Last 5 Financial years | 3.69 | 17.02 | 21.68 % |
| Last 10 Financial years | 8.67 | 13.64 | 63.53 % |
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) | 14.12 |
| Recurring P/E | 14.44 |
| P/BV | 1.03 |
| Dividend Yield | 2.23 % |
| Market Cap. (M) | 4,299.65 |
| Return on Average Assets | 6.86 % |
| Return on Average Equity | 7.46 % |
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