Arabian Internet and Communications Services Co.’s (solutions) shareholders will vote on the board of directors’ recommendation to pay a cash dividend at 60% of capital, or SAR 6 per share, for 2023, during the ordinary general meeting (OGM) slated for May 29, as shown below:
|
Dividend Details (2023) |
|
|
Current Capital |
SAR 1.2 bln |
|
Number of Shares* |
120 mln |
|
Total Dividend |
SAR 714 mln |
|
Percentage of Capital |
60% (SAR 6 a share) |
|
Record Date |
May 29, 2024 (Shareholders of record who are registered with Edaa at the end of the second trading day following record date) |
|
Payment Date |
To be determined later |
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 15/02/2024 | 29/05/2024 | 26/06/2024 | 714.00 | 6.00 | |
| 16/02/2023 | 09/05/2023 | 28/05/2023 | 594.90 | 5.00 | |
| 15/02/2022 | 29/05/2022 | 15/06/2022 | 475.20 | 4.00 |
| 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 | 21.00 | 193.00 | 10.88 % |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 18.09 |
| P/E Before Unusual Items (TTM) | 18.22 |
| P/BV | 7.03 |
| Dividend Yield | 3.67 % |
| Market Cap. (M) | 28,056.03 |
| Return on Average Assets | 13.84 % |
| Return on Average Equity | 40.41 % |
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