Tawuniya board recommends 15% cash dividend for 2024
The Company for Cooperative Insurance’s (Tawuniya) board of directors recommended on April 6 a cash dividend at SAR 1.5 per share, or 15% of capital, for 2024.
|
Dividend Details (2024) |
|
|
Current capital |
SAR 1.5 bln |
|
Number of shares |
150 mln |
|
Total dividend |
SAR 225 mln |
|
Percentage of capital |
15% (SAR 1.5 per share) |
|
Record date |
Shareholders of record by the close of the second trading day following the general meeting date |
|
Payment date |
To be announced |
In a statement to Tadawul, the company said that it received a no-objection letter from the Insurance Authority to distribute 2024 cash dividends to shareholders.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 07/04/2025 | 27/05/2025 | 22/06/2025 | 225.00 | 1.50 | |
| 14/04/2024 | 23/06/2024 | 07/07/2024 | 150.00 | 1.00 | |
| 08/05/2023 | 07/06/2023 | 19/06/2023 | 125.00 | 0.83 | |
| 06/04/2021 | 29/04/2021 | 09/05/2021 | 100.00 | 0.67 | |
| 15/02/2017 | 21/03/2017 | 27/03/2017 | 500.00 | 3.33 | |
| 21/02/2016 | 21/03/2016 | 24/03/2016 | 100.00 | 0.67 | |
| 11/02/2015 | 16/03/2015 | 19/03/2015 | 145.00 | 0.97 | |
| 06/02/2012 | 12/03/2012 | 17/03/2012 | 262.50 | 1.75 | |
| 12/02/2011 | 30/03/2011 | 06/04/2011 | 150.00 | 1.00 | |
| 01/02/2010 | 09/03/2010 | 31/03/2010 | 200.00 | 1.33 |
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 | 3.33 | 65.00 | 5.13 % |
| Last 5 Financial years | 4.00 | 63.58 | 6.29 % |
| Last 10 Financial years | 8.00 | 34.37 | 23.28 % |
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) | 18.36 |
| P/E Before Unusual Items (TTM) | 18.36 |
| P/BV | 3.82 |
| Dividend Yield | 1.02 % |
| Market Cap. (M) | 19,650.02 |
| Return on Average Assets | 5.07 % |
| Return on Average Equity | 22.67 % |
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