Sipchem board declares 5% cash dividend for H2 2024
The board of directors of Sahara International Petrochemical Co.’s (Sipchem), on Nov. 26, declared a cash dividend distribution at 5% of the capital, or SAR 0.5 per share, for H2 2024, according to a statement to Tadawul.
|
H2 2024 Cash Dividends |
|
|
Current Capital |
SAR 7.3 bln |
|
Number of Shares* |
733.33 mln |
|
Total Dividends |
SAR 362.56 mln |
|
Percentage of Capital |
5% (SAR 0.50 a share) |
|
Record Date/ Eligibility |
Dec. 2, 2024 |
|
Payment Date |
Dec. 16, 2024 |
|
Total Dividends (2024 YTD) |
|
|
Total Dividends |
SAR 725.12 mln |
|
Payout Ratio |
1% (SAR 1 a share) |
*Number of share eligible for dividends stand at 725.12 million.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 27/11/2024 | 02/12/2024 | 16/12/2024 | 362.56 | 0.50 | |
| 13/06/2024 | 27/06/2024 | 11/07/2024 | 362.56 | 0.50 | |
| 12/12/2023 | 13/12/2023 | 25/12/2023 | 543.84 | 0.75 | |
| 22/06/2023 | 06/07/2023 | 19/07/2023 | 906.40 | 1.25 | |
| 01/12/2022 | 05/12/2022 | 15/12/2022 | 1,087.68 | 1.50 | |
| 29/06/2022 | 06/07/2022 | 27/07/2022 | 1,270.89 | 1.75 | |
| 15/12/2021 | 20/12/2021 | 30/12/2021 | 1,090.74 | 1.49 | |
| 23/06/2021 | 30/06/2021 | 14/07/2021 | 550.00 | 0.75 | |
| 15/12/2020 | 24/12/2020 | 06/01/2021 | 366.67 | 0.50 | |
| 26/09/2019 | 02/10/2019 | 16/10/2019 | 440.00 | 0.60 |
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 | 6.25 | 41.85 | 14.93 % |
| Last 5 Financial years | 8.99 | 17.94 | 50.10 % |
| Last 10 Financial years | 11.84 | 26.62 | 44.47 % |
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) | NEG |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 0.80 |
| Dividend Yield | 3.97 % |
| Market Cap. (M) | 11,535.29 |
| Return on Average Assets | (1.99 %) |
| Return on Average Equity | (2.82 %) |
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