SABIC board declares 20% dividend for H2 2022
Saudi Basic Industries Corporation’s (SABIC) board of directors declared today, Dec. 13, a 20% cash dividend for the second half of 2022, at SAR 2 per share, the company said in a statement to Tadawul.
|
Dividend Details (H2 2022) |
|
|
Dividend |
SAR 30 bln |
|
Number of shares |
3 bln |
|
Dividend |
SAR 6 bln |
|
Percentage of capital |
20% (SAR 2/share) |
|
Record date |
March 13, 2023 (Shareholders registered with Edaa by the close of the second trading day following the record date) |
|
Payment date |
April 2, 2023 |
|
Total Dividends for 2022 |
|
|
Total dividends |
SAR 12.750 bln |
|
Percentage of capital |
42.5% (SAR 4.25 a share) |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 13/12/2022 | 13/03/2023 | 02/04/2023 | 6,000.00 | 2.00 | |
| 19/06/2022 | 11/09/2022 | 02/10/2022 | 6,750.00 | 2.25 | |
| 15/12/2021 | 10/04/2022 | 25/04/2022 | 6,750.00 | 2.25 | |
| 22/06/2021 | 19/09/2021 | 03/10/2021 | 5,250.00 | 1.75 | |
| 16/12/2020 | 13/04/2021 | 03/05/2021 | 4,500.00 | 1.50 | |
| 17/06/2020 | 03/09/2020 | 20/09/2020 | 4,500.00 | 1.50 | |
| 18/12/2019 | 21/04/2020 | 12/05/2020 | 6,600.00 | 2.20 | |
| 23/05/2019 | 16/09/2019 | 30/09/2019 | 6,600.00 | 2.20 | |
| 19/12/2018 | 09/04/2019 | 30/04/2019 | 6,600.00 | 2.20 | |
| 05/06/2018 | 30/08/2018 | 17/09/2018 | 6,600.00 | 2.20 |
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 | 11.25 | 93.10 | 12.08 % |
| Last 5 Financial years | 20.05 | 101.42 | 19.77 % |
| Last 10 Financial years | 44.25 | 90.25 | 49.03 % |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.
Most Read
- EFG Hermes Successfully Concludes Action Energy Company’s Private Placement and Listing on Boursa Kuwait, Reinforcing Investor Confidence in Kuwait
- stc inks MoU with HUMAIN to develop AI data centers
- Alramz debuts on TASI today at SAR 70/share
- Fakeeh Care signs SAR 97.3M land lease deal with Madinah Municipality
- Alramz drops 14% on TASI debut
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | More than 100 |
| P/BV | 1.06 |
| Dividend Yield | 5.07 % |
| Market Cap. (M) | 158,250.16 |
| Return on Average Assets | (2.47 %) |
| Return on Average Equity | (4.28 %) |
Call Request
Comments Analysis: