TALCO shareholders nod to 16% cash dividend for 2024

26/06/2025 Argaam Exclusive

Shareholders of Al Taiseer Group Talco Industrial Co. (TALCO) greenlit the board's recommendation to distribute cash dividends at 16% of capital, or SAR 1.6 per share, for 2024 during the ordinary general meeting (OGM) held on June 25.

 

Dividend Details (2024)

Current Capital

SAR 400 mln

Number of Shares

40 mln

Total Dividend

SAR 64 mln

Percentage of Capital

16% (SAR 1.6 per share)

Record Date

June 25, 2025  (Shareholders of record who are registered with Edaa at the end of the second trading day following the record date)

Payment Date

July 13, 2025

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/03/2025 25/06/2025 13/07/2025 64.00 1.60
18/07/2024 26/11/2024 01/12/2024 60.00 1.50
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

Valuation Data (Latest Share Price)

P/E (TTM) 21.24
P/E Before Unusual Items (TTM) 21.24
P/BV 3.26
Dividend Yield 2.89 %
Market Cap. (M) 1,724.00
Return on Average Assets -
Return on Average Equity 15.67 %

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