Gulf Insurance Group’s (GIG) shareholders will discuss the board's recommendation on paying a 15% cash dividend, at SAR 1.5 a share, for 2023, during the ordinary general meeting (OGM) that will be held on May 29.
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Dividend Details (2023) |
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Current capital |
SAR 525 mln |
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Number of shares |
52.5 mln |
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Total dividend |
SAR 78.75 mln |
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Percentage of capital |
15% (SAR 1.5/share) |
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Record date |
May 29, 2024 - Shareholders of record and those registered with Edaa by the close of second trading following the record date |
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Payment date |
To be determined later |
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 14/04/2024 | 29/05/2024 | 30/06/2024 | 78.75 | 1.50 | |
| 17/05/2023 | 18/06/2023 | 04/07/2023 | 25.00 | 0.48 | |
| 17/03/2022 | 15/05/2022 | 02/06/2022 | 50.00 | 0.95 |
| 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 | 2.93 | 33.64 | 8.71 % |
| Last 5 Financial years | 2.93 | 19.55 | 14.98 % |
| Last 10 Financial years | 2.93 | 19.24 | 15.22 % |
| P/E (TTM) | 8.29 |
| P/E Before Unusual Items (TTM) | 8.29 |
| P/BV | 0.99 |
| Dividend Yield | 3.79 % |
| Market Cap. (M) | 1,158.68 |
| Return on Average Assets | 5.08 % |
| Return on Average Equity | 12.54 % |
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