AI Summary
Saudi Aramco Base Oil Co.’s (Luberef) shareholders approved the payment of a cash dividend at 30.8% of capital, or SAR 3.08 a share, for H2 2024, during the extraordinary general meeting (EGM) held on April 16.
|
Cash Dividends (H2 2024) |
|
|
Current Capital |
SAR 1.68 bln |
|
No. of Shares* |
168.75 mln |
|
Total Dividends |
SAR 518.23 mln |
|
Percentage of Capital |
30.8% (SAR 3.08 a share) |
|
Eligibility |
April 16, 2025 (Shareholders of record and those registered with Edaa at the end of the second trading day following the record date) |
|
Payout Date |
April 30, 2025 |
|
Total Dividend (2024) |
|
|
Total Dividend |
SAR 1.12 bln |
|
Percentage of Capital |
66.8% (SAR 6.68 a share) |
*The number of eligible shares is 168.25 mln
Shareholders authorized the board of directors to distribute interim dividends on a quarterly or semiannual basis for 2025.
Shareholders further approved the transfer of the statutory reserve balance, amounting to SAR 506.25 million, to retained earnings.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 17/02/2025 | 16/04/2025 | 30/04/2025 | 518.23 | 3.08 | |
| 05/08/2024 | 01/10/2024 | 15/10/2024 | 605.72 | 3.60 | |
| 28/02/2024 | 28/03/2024 | 18/04/2024 | 841.28 | 5.00 | |
| 30/07/2023 | 01/10/2023 | 15/10/2023 | 841.28 | 5.00 | |
| 19/02/2023 | 30/04/2023 | 11/05/2023 | 841.29 | 5.00 |
| 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 | 21.68 | 95.00 | 22.82 % |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 18.067 |
| P/E Before Unusual Items (TTM) | 18.319 |
| P/BV | 3.76 |
| Dividend Yield | 5.96 % |
| Market Cap. (M) | 16,275.95 |
| Return on Average Assets | 11.53 % |
| Return on Average Equity | 20.26 % |
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