Taiba shareholders OK 6.5% cash dividend for 2023
Taiba Investments Co.’s shareholders, in their ordinary general meeting held on May 20, approved a board recommendation for the payment of a cash dividend at 6.5%, or SAR 0.65 a share, for 2023, according to a statement to Tadawul.
Dividends Details |
|
Current Capital |
SAR 2.6 bln |
Number of Shares |
260.46 mln |
Total Dividends |
SAR 169.30 mln |
Percentage of Capital |
6.5% (SAR 0.65 a share) |
Record Date |
May 20, 2024 including shareholders registered with Edaa on the second trading day following record date |
Payment Date |
To be determined later |
Meanwhile, shareholders approved all other items on the meeting’s agenda, including authorizing the board of directors to distribute interim dividend for 2024 on a semi-annual or quarterly basis.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
27/03/2024 | 20/05/2024 | 03/06/2024 | 169.30 | 0.65 | |
15/11/2021 | 21/11/2021 | 05/12/2021 | 641.83 | 4.00 | |
17/12/2020 | 29/03/2021 | 15/04/2021 | 80.23 | 0.50 | |
16/07/2020 | 06/08/2020 | 20/08/2020 | 80.23 | 0.50 | |
27/02/2020 | 25/03/2020 | 09/04/2020 | 72.21 | 0.45 | |
13/11/2019 | 13/11/2019 | 28/11/2019 | 72.21 | 0.45 | |
04/08/2019 | 06/08/2019 | 26/08/2019 | 72.21 | 0.45 | |
12/06/2019 | 16/06/2019 | 30/06/2019 | 72.21 | 0.48 | |
07/03/2019 | 09/04/2019 | 18/04/2019 | 75.00 | 0.50 | |
05/11/2018 | 07/11/2018 | 15/11/2018 | 75.00 | 0.50 |
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 | 1.40 | 31.80 | 4.40 % |
Last 5 Financial years | 6.40 | 31.40 | 20.38 % |
Last 10 Financial years | 15.20 | 40.65 | 37.39 % |
Based on the beginning of the period (January 1 of the base year)
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Valuation Data (Latest Share Price)
P/E (TTM) | 27.83 |
P/E Before Unusual Items (TTM) | 36.78 |
P/BV | 1.59 |
Dividend Yield | 1.82 % |
Market Cap. (M) | 10,793.47 |
Return on Average Assets | 3.98 % |
Return on Average Equity | 5.79 % |
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