Makkah Construction shareholders OK 15% cash dividend for 2025
The approval came during the general assembly meeting held on June 2, according to a Tadawul statement.
|
Cash Dividend Details |
|
|
Item |
Details |
|
Capital |
SAR 2 bln |
|
No. of Shares |
200 mln shares |
|
Total Dividend |
SAR 300 mln |
|
Dividend Rate |
15% of capital (SAR 1.5 per share) |
|
Record Date |
June 2, 2026, for shareholders registered with Edaa at the close of the second trading day following the record date |
Shareholders also approved the election of board members for a four-year term commencing on June 10, 2026.
The newly elected board members are Samer AlKhwashki, Ghassan Shalabi, Saleh Binladin, Abdullah Alfaris, Saad Alshabib, Mohammed Alnafea, Hamza Seirafi, Turki Al Qonaibet, Abdulraouf Mannaa, Zeyad Alhekail, and Ibrahim Alsubeaei.
Shareholders also approved several related-party transactions, including a government sukuk purchase transaction with AlJazira Capital worth SAR 926.5 million. This was in addition to a six-month bridge financing facility from Bank AlJazira worth SAR 880 million, along with one-year contracts for the renovation of four hotel floors with Roots Arabia valued at SAR 25.6 million.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 11/03/2026 | 02/06/2026 | 22/06/2026 | 300.00 | 1.50 | |
| 06/03/2025 | 19/05/2025 | 11/06/2025 | 300.00 | 1.50 | |
| 25/03/2024 | 29/05/2024 | 13/06/2024 | 247.22 | 1.24 | |
| 30/03/2023 | 06/06/2023 | 20/06/2023 | 164.82 | 0.82 | |
| 12/03/2020 | 19/04/2020 | 14/05/2020 | 247.22 | 1.24 | |
| 25/03/2019 | 01/05/2019 | 22/05/2019 | 329.63 | 1.65 | |
| 02/04/2018 | 21/05/2018 | 06/06/2018 | 329.63 | 1.65 | |
| 23/03/2017 | 21/05/2017 | 12/06/2017 | 412.04 | 2.06 | |
| 31/03/2016 | 31/05/2016 | 22/06/2016 | 412.04 | 2.06 | |
| 06/04/2015 | 15/06/2015 | 28/06/2015 | 412.04 | 2.06 |
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 | 4.24 | 50.61 | 8.37 % |
| Last 5 Financial years | 5.06 | 52.01 | 9.73 % |
| Last 10 Financial years | 11.65 | 78.87 | 14.77 % |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 26.14 |
| Recurring P/E (TTM) | 25.88 |
| P/BV | 3.46 |
| Dividend Yield | 1.89 % |
| Market Cap. (M) | 13,450.00 |
| Return on Average Assets | 10.24 % |
| Return on Average Equity | 12.93 % |
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