Saudi Steel Pipe plans SAR 3.95/shr regular, special dividend for 2024

07/05/2025 Argaam Exclusive

Saudi Steel Pipe Co.’s (SSP) board of directors recommended a SAR 10% regular cash dividend (SAR 1 per share) for 2024, in addition to 29.5% (SAR 2.95/share) special dividend, according to a statement on Tadawul today, May 7.

 

Dividend Details (2024)

Current Capital

SAR 510 mln

Number of Shares*

51 mln

Regular Dividend

SAR 50.54 mln

Percentage of Capital

10% (SAR 1 per share)

Special Dividend

SAR 149.1 mln

Percentage of Capital

29.5% (SAR 2.95 per share)

Total Dividends

SAR 199.64 mln

Percentage of Capital

39.5% (SAR 3.95 per share)

Record Date

Shareholders of record at the end of the second trading day following the general meeting, date which will be announced later

Payment Date

To be determined later

*50.54 million shares are eligible for the dividend.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)		 Dividends * Notes
07/05/2025 03/06/2025 22/06/2025 50.54 1.00
07/05/2025 03/06/2025 22/06/2025 149.10 2.95
23/05/2024 24/06/2024 07/07/2024 37.50 0.74
07/07/2015 09/07/2015 30/07/2015 25.50 0.50
24/02/2015 01/04/2015 21/04/2015 25.50 0.50
16/07/2013 17/07/2013 01/08/2013 38.25 0.75
18/02/2013 03/04/2013 18/04/2013 38.25 0.75
20/02/2012 19/03/2012 04/04/2012 38.25 0.75
26/09/2011 28/09/2011 22/10/2011 38.25 0.75
13/12/2010 07/03/2011 21/03/2011 51.00 1.00
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 4.69 25.45 18.41 %
Last 5 Financial years 4.69 21.00 22.31 %
Last 10 Financial years 5.19 24.58 21.10 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Saudi Steel Pipe Co.
53.80
(0.20) (0.37 %)

Most Read

Valuation Data (Latest Share Price)

P/E (TTM) 14.16
P/E Before Unusual Items (TTM) 17.46
P/BV 3.50
Dividend Yield 6.01 %
Market Cap. (M) 2,743.80
Return on Average Assets 11.53 %
Return on Average Equity 24.59 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
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.