Alsaif Gallery board proposes 10% dividend for Q1 2023

18/05/2023 Argaam Exclusive

AlSaif Stores for Development & Investment Co.'s (Alsaif Gallery) board of directors recommended, on May 17, a 10% cash dividend, or SAR 1 per share, for the first quarter of 2023.

 

Dividend Details (Q1 2023)

Current capital

SAR 350 mln

Number of shares

35 mln

Dividend

SAR 35 mln

Percentage of capital

10% (SAR 1 per share)

Record date

Shareholders of record with Edaa by the close of the second trading day following the general assembly date, to be set later after obtaining the necessary regulatory approvals

Payment date

To be announced later

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
18/05/2023 09/07/2023 19/07/2023 35.00 0.10
19/03/2023 23/03/2023 04/04/2023 35.00 0.10
27/12/2022 29/12/2022 12/01/2023 35.00 0.10
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 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
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

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Valuation Data (Latest Share Price)

P/E (TTM) 42.34
P/E Before Unusual Items (TTM) 42.34
P/BV 7.70
Dividend Yield -
Market Cap. (M) 3,339.00
Return on Average Assets 9.87 %
Return on Average Equity 18.33 %

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