TALCO’s board plans 16% dividend for 2024

23/03/2025 Argaam Exclusive

 Al Taiseer Group Talco Industrial Co.'s (TALCO) board of directors recommended on March 22  distributing cash dividends at 16% of capital, or SAR 1.6 per share, for 2024, according to a statement to Tadawul

 

Dividend Details

Current Capital

SAR 400 mln

Number of Shares

40 mln

Total Dividends

SAR 64 mln

Percentage of Capital

16% (SAR 1.6 per share)

Record Date

By the close of the second trading day following the general assembly date, to be announced later

Payment Date

To be set later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/03/2025 25/06/2025 13/07/2025 64.00 1.60
18/07/2024 26/11/2024 01/12/2024 60.00 1.50
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 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
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 20.41
P/E Before Unusual Items (TTM) 20.41
P/BV 3.43
Dividend Yield 2.89 %
Market Cap. (M) 1,668.00
Return on Average Assets 10.95 %
Return on Average Equity 16.15 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.