Saudi Chemical shareholders OK 5% dividend for 2024

25/05/2025 Argaam Exclusive

Shareholders of Saudi Chemical Co. Holding (SCCH) approved, on May 22, a board of directors’ recommendation of a 5% cash dividend, or SAR 0.05 a share, for 2024, according to a statement to Tadawul.

 

Dividend Details (2024)

Current Capital

SAR 843.20 mln

No. of Shares

843.20 mln

Par Value

SAR 1

Total Dividend

SAR 42.16 mln

Percentage of Capital

5% (SAR 0.05 a share)

Record Date

May 22, 2025, for shareholders of record  and those registered with Edaa at the end of the second trading day following the general meeting

Payment Date

June 1, 2025

 

Meanwhile, shareholders discharged the board from liabilities for their management of the company during the fiscal year ended on Dec. 31, 2024.

 

Additionally, they approved disbursing an amount of SAR 3.4 million as a reward to the members of the board of directors for the fiscal year ended on Dec. 31, 2024.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
21/04/2025 22/05/2025 01/06/2025 42.16 0.05
26/12/2023 25/01/2024 04/02/2024 42.16 0.05
19/12/2022 18/01/2023 29/01/2023 42.16 0.05
23/12/2021 23/01/2022 03/02/2022 42.16 0.05
08/04/2021 26/05/2021 14/06/2021 42.16 0.05
09/09/2018 02/12/2018 16/12/2018 79.05 0.09
17/12/2017 25/12/2017 07/01/2018 63.24 0.08
25/05/2017 31/07/2017 10/08/2017 63.24 0.08
28/11/2016 25/12/2016 08/01/2017 94.86 0.11
24/01/2016 07/02/2016 28/02/2016 126.48 0.15
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 0.15 3.39 4.42 %
Last 5 Financial years 0.25 2.43 10.27 %
Last 10 Financial years 0.76 4.27 17.73 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

6.55
(0.01) (0.15 %)

Valuation Data (Latest Share Price)

P/E (TTM) 19.96
P/E Before Unusual Items (TTM) 19.96
P/BV 2.51
Dividend Yield 0.54 %
Market Cap. (M) 5,522.97
Return on Average Assets 4.57 %
Return on Average Equity 13.29 %

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