AI Summary
Al Taiseer Group Talco Industrial Co.’s (TALCO) board of directors recommended on July 17 paying a cash dividend at 15% of capital, or SAR 1.5 a share, for 2023, according to a Tadawul statement.
|
Cash Dividend Details (2023) |
|
|
Current Capital |
SAR 400 bln |
|
Number of Shares |
40 mln |
|
Total Dividend |
SAR 60 mln |
|
Percentage of Capital |
15% (SAR 1.5 a share) |
|
Record Date |
Shareholders of record at the end of second day after the general meeting date, which will be announced later |
|
Payment Date |
To be determined |
According to data available on Argaam, this is TALCO’s first dividend after the company listed its shares on the Saudi Exchange (Tadawul) in June.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 18/07/2024 | 26/11/2024 | 01/12/2024 | 60.00 | 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) | 18.50 |
| P/E Before Unusual Items (TTM) | 18.50 |
| P/BV | 3.15 |
| Dividend Yield | 2.89 % |
| Market Cap. (M) | 1,600.80 |
| Return on Average Assets | 11.74 % |
| Return on Average Equity | 16.46 % |
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