SPIMACO shareholders approve 3.5% cash dividend for 2025
Shareholders of Saudi Pharmaceutical Industries & Medical Appliances Corp. (SPIMACO) approved paying a cash dividend at 3.5% of capital, or SAR 0.35 a share, for 2025 in an extraordinary general meeting (EGM) on June 9.
|
Dividend Details (2025) |
|
|
Current Capital |
SAR 1.2 bln |
|
No. of Shares |
120 mln |
|
Total Dividend |
SAR 42 mln |
|
Percentage of Capital |
3.5% (SAR 0.35 a share) |
|
Record Date |
June 9, 2026, including shareholders registered with Edaa by the close of the second trading day following the general assembly date |
|
Payment Date |
Within 15 business days from the EGM |
The company said in a Tadawul statement that shareholders also approved transferring the entire statutory reserve of SAR 360.68 million, as of Dec. 31, 2025, to the retained earnings.
In addition, they approved the buyback of up to 889,600 treasury shares to be allocated under the long-term incentive scheme for the eligible employees. The buyback will be financed through its internal resources.
Shareholders authorized the board of directors to complete the repurchase within a maximum period of 18 from the approval date.
The company will retain the repurchased shares for a maximum period of four years from the approval until they are allocated to eligible employees. After this period, the company will follow the procedures and controls stipulated in the relevant regulations and bylaws, the statement added.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 31/03/2026 | 09/06/2026 | 30/06/2026 | 42.00 | 0.35 | |
| 24/03/2022 | 08/06/2022 | 27/06/2022 | 72.00 | 0.60 | |
| 23/03/2021 | 30/05/2021 | 16/06/2021 | 120.00 | 1.00 | |
| 31/03/2020 | 14/05/2020 | 11/06/2020 | 60.00 | 0.50 | |
| 05/03/2019 | 02/04/2019 | 18/04/2019 | 120.00 | 1.00 | |
| 31/07/2018 | 30/08/2018 | 20/09/2018 | 60.00 | 0.50 | |
| 22/03/2018 | 19/04/2018 | 03/05/2018 | 120.00 | 1.00 | |
| 12/03/2017 | 16/04/2017 | 11/05/2017 | 120.00 | 1.00 | |
| 16/02/2016 | 03/04/2016 | 28/04/2016 | 120.00 | 1.00 | |
| 17/02/2015 | 23/04/2015 | 14/05/2015 | 180.00 | 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 | 0.35 | 21.90 | 1.60 % |
| Last 5 Financial years | 0.95 | 38.50 | 2.47 % |
| Last 10 Financial years | 5.95 | 33.66 | 17.68 % |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 18.74 |
| Recurring P/E (TTM) | 19.96 |
| P/BV | 2.02 |
| Dividend Yield | 1.34 % |
| Market Cap. (M) | 3,348.00 |
| Return on Average Assets | 4.08 % |
| Return on Average Equity | 11.45 % |
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