AI Summary
Shareholders of East Pipes Integrated Company for Industry will vote of the board of directors’ proposal for a 15% cash dividend, or SAR 1.5 per share, for the fiscal year ended March 31, 2024, during the ordinary general meeting (OGM) scheduled for Aug. 5.
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Dividend Details (FY 2023/24) |
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Current capital |
SAR 315 mln |
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Number of shares |
31.5 mln |
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Total dividend |
SAR 47.25 mln |
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Percentage of capital |
15% (SAR 1.5 per share) |
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Record date |
Aug. 5, 2024 (Shareholders registered with Edaa by the end of second trading day following the OGM date). |
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Payment date |
To be set after the OGM’s approval |
In a statement to Tadawul, the company said that shareholders will also discuss authorizing the board to pay semi-annual or quarterly dividends for the fiscal year 2024/25.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 26/05/2024 | 05/08/2024 | 21/08/2024 | 47.25 | 1.50 | |
| 25/05/2023 | 16/07/2023 | 30/07/2023 | 31.50 | 1.00 |
| 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 | 6.50 | 56.64 | 11.48 % |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 9.72 |
| P/E Before Unusual Items (TTM) | 9.72 |
| P/BV | 3.33 |
| Dividend Yield | 2.85 % |
| Market Cap. (M) | 4,343.85 |
| Return on Average Assets | 27.66 % |
| Return on Average Equity | 39.05 % |
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