Saudi Steel Pipe board plans 7.5% dividend for 2025

19/05/2026 Argaam Exclusive

Saudi Steel Pipe Co. (SSP) said its board of directors recommended today, May 19, a 7.5% cash dividend, or SAR 0.75 per share, for 2025.

 

Dividend Details (2025)

Current Capital

SAR 510 mln

Number of Shares

51 mln

Total Dividend

SAR 37.9 mln

Percentage of Capital

7.5% (SAR 0.75 per share)

Record Date

Shareholders of record and those registered with Edaa by the close of the second trading day following the deciding general assembly

Payment Date

To be set later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
19/05/2026 25/06/2026 07/07/2026 37.91 0.75
07/05/2025 03/06/2025 22/06/2025 50.54 1.00
07/05/2025 03/06/2025 22/06/2025 149.10 2.95
23/05/2024 24/06/2024 07/07/2024 37.50 0.74
07/07/2015 09/07/2015 30/07/2015 25.50 0.50
24/02/2015 01/04/2015 21/04/2015 25.50 0.50
16/07/2013 17/07/2013 01/08/2013 38.25 0.75
18/02/2013 03/04/2013 18/04/2013 38.25 0.75
20/02/2012 19/03/2012 04/04/2012 38.25 0.75
26/09/2011 28/09/2011 22/10/2011 38.25 0.75
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 5.44 18.12 30.03 %
Last 5 Financial years 5.44 27.00 20.16 %
Last 10 Financial years 5.44 22.00 24.74 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

56.85
0.35 0.62 %

Valuation Data (Latest Share Price)

P/E (TTM) 18.99
Recurring P/E (TTM) 18.99
P/BV 3.23
Dividend Yield 2.00 %
Market Cap. (M) 2,899.35
Return on Average Assets 9.51 %
Return on Average Equity 18.16 %

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