AI Summary
Power and Utility Company for Jubail and Yanbu’s (MARAFIQ) board of directors, in a meeting on March 1, approved the distribution of a cash dividend at SAR 1.1 per share, or 11% of capital, for the second half of 2022, according to a statement to Tadawul.
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Dividend Details |
|
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Current Capital |
SAR 2.5 bln |
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Number of Shares |
250 mln |
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Dividend |
SAR 275 mln |
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Percentage of Capital |
11% (or SAR 1.1 per share) |
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Record Date |
March 8, 2023, including shareholders of record on the eligibility date and registered with Securities Depository Center Company (Edaa) by the end of the second trading day after this date. |
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Payment Date |
March 23, 2023 |
According to data compiled by Argaam, this is the first dividend announced by MARAFIQ since its listing in the Saudi Exchange in November 2022.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 02/03/2023 | 08/03/2023 | 23/03/2023 | 275.00 | 1.10 |
| 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) | 16.55 |
| P/BV | 1.41 |
| Dividend Yield | - |
| Market Cap. (M) | 7,840.01 |
| Return on Average Assets | 0.12 % |
| Return on Average Equity | 0.49 % |
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