Arabian Contracting Services Co.’s (Al Arabia) shareholders approved the board of directors’ recommendation to pay a cash dividend at 19%, or SAR 1.9 per share, totaling SAR 95 million, for H1 2022, during the ordinary general meeting (OGM) held on Oct. 4, according to a bourse filing.
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Dividend Details |
|
|
Current Capital |
SAR 500 mln |
|
Number of Shares |
50 mln |
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Total Dividend |
SAR 95 mln |
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Dividend |
19%, or SAR 1.9 a share |
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Record Date |
Oct. 04, 2022, shareholders registered with Edaa on the second day of trading after the general meeting date |
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Payment Date |
Oct. 19, 2022 |
Shareholders also authorized the board to pay dividends for 2022 on a semi-annual or a quarterly basis.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 04/09/2022 | 04/10/2022 | 19/10/2022 | 95.00 | 1.73 | |
| 07/03/2022 | 10/05/2022 | 19/05/2022 | 92.50 | 1.68 |
| 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 | N/A | N/A | N/A |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | More than 100 |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 5.19 |
| Dividend Yield | - |
| Market Cap. (M) | 6,561.51 |
| Return on Average Assets | 0.15 % |
| Return on Average Equity | 1.17 % |
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