Sumou board declares 5% cash dividend for H2 2024

09/03/2025 Argaam Exclusive

Sumou Real Estate Co.’s board of directors decided, in its meeting held on March 6, to pay a cash dividend at 5%, or SAR 0.5 a share, for H2 2024, according to a statement to Tadawul.

 

Cash Dividends (H2 2024)

Current Capital

SAR 500 mln

Number of Shares

50 mln

Par Value (Share)

SAR 10

Total Dividends

SAR 25 mln

Percentage of Capital

5% (SAR 0.5 a share)

Record Date

April 17, 2025

Payment Date

May 1, 2025

 

Cash Dividends (2024)

Total Dividends

SAR 50 mln

Percentage of Capital

10% (SAR 1 a share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
09/03/2025 17/04/2025 01/05/2025 25.00 0.50
04/08/2024 15/09/2024 30/09/2024 25.00 0.50
24/08/2023 25/09/2023 09/10/2023 37.50 0.75
23/03/2023 30/03/2023 13/04/2023 37.50 0.75
03/08/2022 04/09/2022 18/09/2022 18.75 0.38
13/03/2022 17/05/2022 30/05/2022 18.75 0.38
16/08/2021 26/09/2021 14/10/2021 18.75 0.38
11/10/2020 15/11/2020 29/11/2020 12.50 0.25
31/05/2020 30/06/2020 16/07/2020 25.00 0.50
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

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 2.88 46.53 6.18 %
Last 5 Financial years 3.88 14.40 26.92 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

37.98
0.24 0.64 %

Valuation Data (Latest Share Price)

P/E (TTM) 16.87
P/E Before Unusual Items (TTM) 19.50
P/BV 2.89
Dividend Yield 2.13 %
Market Cap. (M) 1,899.00
Return on Average Assets 9.01 %
Return on Average Equity 18.23 %

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