AI Summary
Shareholders of Middle East Healthcare Co. (Saudi German Health) approved the board’s recommendation to distribute a cash dividend at 5% of capital, or SAR 0.5 a share, for 2024 during the ordinary general meeting (OGM) held on July 8, according to a Tadawul statement.
|
Dividend Details (2024) |
|
|
Current Capital |
SAR 920.4 mln |
|
Number of Shares |
92.04 mln |
|
Total Dividend |
SAR 46.02 mln |
|
Percentage of Capital |
5% (SAR 0.50 per share) |
|
Record Date |
July 8, 2025 (Shareholders of record and registered with Edaa on the second trading day following the general assembly meeting) |
|
Payment Date |
July 23, 2025 |
The OGM also approved a number of transactions and contracts conducted during 2024 with companies in which certain board members have indirect interests. These members are Sobhi Batterjee, Makarem Batterjee, Khalid Batterjee, and Sultan Batterjee.
Shareholders further approved the participation of Chairman Sobhi Batterjee, Vice Chairman Makarem Batterjee, and board members Khalid Batterjee and Sultan Batterjee in a business competing with the company’s activities.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 24/03/2025 | 08/07/2025 | 23/07/2025 | 46.02 | 0.50 | |
| 29/03/2018 | 24/06/2018 | 12/07/2018 | 184.08 | 2.00 | |
| 05/03/2017 | 08/06/2017 | 21/06/2017 | 184.04 | 2.00 | |
| 20/04/2016 | 29/06/2016 | 28/07/2016 | 184.08 | 2.00 |
| 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 | 0.50 | 31.65 | 1.58 % |
| Last 5 Financial years | 0.50 | 29.70 | 1.68 % |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 9.69 |
| P/E Before Unusual Items (TTM) | 16.99 |
| P/BV | 1.95 |
| Dividend Yield | 0.73 % |
| Market Cap. (M) | 3,598.77 |
| Return on Average Assets | 7.08 % |
| Return on Average Equity | 22.24 % |
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