Almajed Oud shareholders OK 40% cash dividend for 2024

06/05/2025 Argaam Exclusive

 Almajed Oud Co.’s shareholders approved the board recommendation to distribute cash dividends at 40%, or SAR 4 a share, for 2024, during the ordinary general meeting (OGM) held on May 5, according to a statement to Tadawul.

 

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

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
06/03/2025 05/05/2025 22/05/2025 100.00 4.00
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

143.00
1.20 0.85 %

Valuation Data (Latest Share Price)

P/E (TTM) 16.72
P/E Before Unusual Items (TTM) 16.43
P/BV 6.07
Dividend Yield 2.74 %
Market Cap. (M) 3,575.00
Return on Average Assets 24.51 %
Return on Average Equity 41.44 %

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