AI Summary
Gulf Insurance Group’s (GIG) shareholders approved the board's recommendation to distribute a 12% cash dividend (SAR 1.2 per share) for 2024, during the ordinary general meeting (OGM) held on May 29, according to a statement to Tadawul.
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Dividend Details (2024) |
|
|
Current Capital |
SAR 525 mln |
|
Number of Shares |
52.5 mln |
|
Total Dividend |
SAR 63 mln |
|
Percentage of Capital |
12% (SAR 1.2 per share) |
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Record Date |
May 29, 2025 (Shareholders registered with Edaa at the end of the second trading day following the record date) |
|
Payment Date |
June 25, 2025 |
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 03/04/2025 | 29/05/2025 | 25/06/2025 | 63.00 | 1.20 | |
| 14/04/2024 | 29/05/2024 | 30/06/2024 | 78.75 | 1.50 | |
| 17/05/2023 | 18/06/2023 | 04/07/2023 | 25.00 | 0.48 | |
| 17/03/2022 | 15/05/2022 | 02/06/2022 | 50.00 | 0.95 |
| 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 | 3.18 | 31.54 | 10.07 % |
| Last 5 Financial years | 4.13 | 25.39 | 16.26 % |
| Last 10 Financial years | 4.13 | 18.25 | 22.62 % |
| P/E (TTM) | 8.78 |
| P/E Before Unusual Items (TTM) | 8.78 |
| P/BV | 1.12 |
| Dividend Yield | 3.79 % |
| Market Cap. (M) | 1,277.85 |
| Return on Average Assets | 5.20 % |
| Return on Average Equity | 13.37 % |
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