Tawuniya shareholders to vote on SAR 2/shr dividend for 2025 on June 28
The Company for Cooperative Insurance (Tawuniya) said its shareholders will vote on a board recommendation to distribute a cash dividend at 20% of capital, or SAR 2 a share, for 2025, during an extraordinary general meeting (EGM) on June 28, according to a statement to Tadawul.
|
Cash Dividend Details (2025) |
|
|
Current capital |
SAR 1.5 bln |
|
Number of shares |
150 mln |
|
Total Dividend |
SAR 300 mln |
|
Percentage of capital |
20% (SAR 2 per share) |
|
Record date |
June 28, 2026 (shareholders registered with Edaa at the end of the second trading day following the general meeting date) |
|
Payment date |
July 19, 2026 |
The company said shareholders will also vote on the company’s purchase of up to 212,100 shares for allocation to employees under the employee stock incentive program (ESIP). The buyback will be financed through the company’s available cash.
Shareholders will also vote on authorizing the board of directors to complete the purchase within a maximum period of 18 months from the date of the EGM decision.
The company will retain the purchased shares for a maximum period of 10 years from the date of the EGM approval until they are allocated to eligible employees, the statement added.
After this period, the company will follow the procedures and regulations stipulated under the relevant laws and regulations.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 23/04/2026 | 28/06/2026 | 19/07/2026 | 300.00 | 2.00 | |
| 07/04/2025 | 27/05/2025 | 22/06/2025 | 225.00 | 1.50 | |
| 14/04/2024 | 23/06/2024 | 07/07/2024 | 150.00 | 1.00 | |
| 08/05/2023 | 07/06/2023 | 19/06/2023 | 125.00 | 0.83 | |
| 06/04/2021 | 29/04/2021 | 09/05/2021 | 100.00 | 0.67 | |
| 15/02/2017 | 21/03/2017 | 27/03/2017 | 500.00 | 3.33 | |
| 21/02/2016 | 21/03/2016 | 24/03/2016 | 100.00 | 0.67 | |
| 11/02/2015 | 16/03/2015 | 19/03/2015 | 145.00 | 0.97 | |
| 06/02/2012 | 12/03/2012 | 17/03/2012 | 262.50 | 1.75 | |
| 12/02/2011 | 30/03/2011 | 06/04/2011 | 150.00 | 1.00 |
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 | 4.50 | 66.25 | 6.79 % |
| Last 5 Financial years | 5.33 | 66.00 | 8.08 % |
| Last 10 Financial years | 9.33 | 53.30 | 17.51 % |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 17.92 |
| Recurring P/E | 17.92 |
| P/BV | 3.59 |
| Dividend Yield | 1.71 % |
| Market Cap. (M) | 20,250.02 |
| Return on Average Assets | 5.02 % |
| Return on Average Equity | 21.76 % |
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