Al Mawarid Manpower Co.’s board of directors recommended, on Aug. 7, a 15% cash dividend, or SAR 1.5 a share, for the first half of 2023.
| 
			 Dividend Details (H1 2023)  | 
		|
| 
			 Current Capital  | 
			
			 SAR 150 mln  | 
		
| 
			 Number of Shares  | 
			
			 15 mln  | 
		
| 
			 Total Dividend  | 
			
			 SAR 22.5 mln  | 
		
| 
			 Payment Ratio  | 
			
			 15% (SAR 1.5 a share)  | 
		
| 
			 Record Date  | 
			
			 Shareholders of record by the close of the second trading day following the general assembly, the date of which will be announced later  | 
		
| 
			 Payment Date  | 
			
			 To be determined  | 
		
According to data compiled by Argaam, this is the first dividend announced by Al Mawarid after its listing on the Saudi Exchange (Tadawul) in June.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes | 
| 08/08/2023 | 13/09/2023 | 25/09/2023 | 22.50 | 1.50 | 
| 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) | 17.84 | 
| P/E Before Unusual Items (TTM) | 17.84 | 
| P/BV | 4.34 | 
| Dividend Yield | 2.37 % | 
| Market Cap. (M) | 1,929.00 | 
| Return on Average Assets | 12.62 % | 
| Return on Average Equity | 26.27 % | 
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