Riyadh Development OGM to vote on 2.5% cash dividend for H2 2025 on May 13
Riyadh Development Co.’s (ARDCO) shareholders will convene an ordinary general meeting (OGM) on May 13, to vote on the board recommendation to pay out a cash dividend at 2.5%, or SAR 0.25 a share, for H2 2025.
|
Cash Dividend Details (H2 2025) |
|
|
Current Capital |
SAR 2.33 bln |
|
Number of Shares |
233.9 mln |
|
Total Dividends |
SAR 58.48 mln |
|
Percentage of Capital |
2.5% (SAR 0.25 a share) |
|
Record Date |
May 13, 2026 (Shareholders registered with Edaa on the second trading day following the deciding general assembly) |
|
Payment Date |
Within 15 working days from the record date |
|
Cash Dividend Details (2025) |
|
|
Total Dividends |
SAR 116.96 mln |
|
Percentage of Capital |
5% (SAR 0.5 a share) |
Shareholders will also vote on authorizing the board to distribute interim dividends on a quarterly or semi-annual basis for 2026.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 03/03/2026 | 13/05/2026 | 03/06/2026 | 58.48 | 0.25 | |
| 17/09/2025 | 28/09/2025 | 16/10/2025 | 58.48 | 0.25 | |
| 25/02/2025 | 08/05/2025 | 25/05/2025 | 58.48 | 0.25 | |
| 31/07/2024 | 01/09/2024 | 19/09/2024 | 44.44 | 0.25 | |
| 10/03/2024 | 23/04/2024 | 14/05/2024 | 88.89 | 0.50 | |
| 27/07/2023 | 10/08/2023 | 31/08/2023 | 44.44 | 0.25 | |
| 21/03/2023 | 30/04/2023 | 18/05/2023 | 44.44 | 0.25 | |
| 29/09/2022 | 10/10/2022 | 30/10/2022 | 44.44 | 0.25 | |
| 20/02/2022 | 12/05/2022 | 31/05/2022 | 88.89 | 0.50 | |
| 14/07/2021 | 09/09/2021 | 30/09/2021 | 177.78 | 1.00 |
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 | 1.69 | 18.16 | 9.31 % |
| Last 5 Financial years | 3.69 | 17.02 | 21.68 % |
| Last 10 Financial years | 8.67 | 13.64 | 63.53 % |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 14.70 |
| P/E Before Unusual Items (TTM) | 15.97 |
| P/BV | 1.05 |
| Dividend Yield | 2.23 % |
| Market Cap. (M) | 4,351.12 |
| Return on Average Assets | 8.06 % |
| Return on Average Equity | 8.88 % |
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