AI Summary
Saudi Advanced Industries Co.’s (SAIC) shareholders approved the board of director’s recommendation to distribute a 10% cash dividend, or SAR 1 per share, for 2024, during the ordinary general meeting (OGM) held on June 25, according to a Tadawul statement.
|
Cash Dividend (2024) |
|
|
Current Capital |
SAR 600 mln |
|
Number of Shares* |
60 mln |
|
Total Dividend |
SAR 59 mln |
|
Percentage of Capital |
10% (SAR 1 a share) |
|
Record Date |
June 25, 2025 (Shareholders of record who are registered with Edaa at the end of the second trading day following the OGM) |
|
Payment Date |
July 15, 2025 |
*59 mln shares eligible for dividends
Shareholders also elected the board members for the upcoming four-year term starting June 25, 2025.
The members are Mohammed Al-Mutlaq, Yara Al-Hajri, Abdullah Al-Humaidhi, Yasser Al-Rashid, Badr Al-Essa, Abdulrahman Al-Ubaid and Badr Al-Rabiah.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 22/12/2024 | 11/02/2025 | 04/03/2025 | 5,100.00 | 1.70 | |
| 21/05/2024 | 03/09/2024 | 24/09/2024 | 5,100.00 | 1.70 | |
| 12/12/2023 | 12/02/2024 | 04/03/2024 | 4,800.00 | 1.60 | |
| 15/06/2023 | 12/09/2023 | 02/10/2023 | 5,400.00 | 1.80 | |
| 13/12/2022 | 13/03/2023 | 02/04/2023 | 6,000.00 | 2.00 | |
| 19/06/2022 | 11/09/2022 | 02/10/2022 | 6,750.00 | 2.25 | |
| 15/12/2021 | 10/04/2022 | 25/04/2022 | 6,750.00 | 2.25 | |
| 22/06/2021 | 19/09/2021 | 03/10/2021 | 5,250.00 | 1.75 | |
| 16/12/2020 | 13/04/2021 | 03/05/2021 | 4,500.00 | 1.50 | |
| 17/06/2020 | 03/09/2020 | 20/09/2020 | 4,500.00 | 1.50 |
| 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 | 11.05 | 116.60 | 9.48 % |
| Last 5 Financial years | 18.05 | 93.10 | 19.39 % |
| Last 10 Financial years | 40.55 | 83.88 | 48.34 % |
| P/E (TTM) | More than 100 |
| P/E Before Unusual Items (TTM) | 75.38 |
| P/BV | 1.06 |
| Dividend Yield | 5.07 % |
| Market Cap. (M) | 164,700.17 |
| Return on Average Assets | 0.03 % |
| Return on Average Equity | 0.05 % |
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