AI Summary
Shareholders of Almajed Oud Co. will vote on the board’s recommendation to distribute a 40% cash dividend, or SAR 4 per share, for 2024 at an ordinary general meeting (OGM) on May 5.
|
Dividend Details (2024) |
|
|
Current Capital |
SAR 250 mln |
|
Number of Shares |
25 mln |
|
Total Dividend |
SAR 100 mln |
|
Percentage of Capital |
40% (SAR 4 per share) |
|
Record Date |
May 5, 2025 |
|
Payment Date |
Within 15 business days from the record date |
They will also vote on authorizing the board of directors to exercise the powers of the ordinary general assembly, as stipulated in paragraph (1) of Article 27 of the Companies Law, for one year from the date of approval or until the end of the board’s current term, whichever comes first, in line with applicable executive regulations.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 06/03/2025 | 05/05/2025 | 22/05/2025 | 100.00 | 4.00 |
| 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 | 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) | 16.55 |
| P/E Before Unusual Items (TTM) | 16.54 |
| P/BV | 5.81 |
| Dividend Yield | 2.74 % |
| Market Cap. (M) | 3,150.00 |
| Return on Average Assets | 23.07 % |
| Return on Average Equity | 38.61 % |
Be the first to comment
Comments Analysis: