Obeikan Glass board declares 10% cash dividend for H2 2024

08/09/2025 Argaam Exclusive

Obeikan Glass Co.’s board of directors declared on Sept. 7 the payment of a cash dividend at 10% of capital, or SAR 1 a share, for H2 2024, according to a statement to Tadawul.

 

Dividend Details (H2 2024)

Current Capital

SAR 320 mln

Number of Shares

32 mln

Total Dividend

SAR 32 mln

Percentage of Capital

10% or SAR 1 a share

Record Date

Sept. 9, 2025 (Shareholders registered with Edaa at the end of the second trading day after the record date)

Payment Date

Sept. 21, 2025

 

The company recently moved from the Nomu-Parallel Market to the Main Market (TASI) and started trading on TASI on July 21, 2025, Argaam’s data indicated.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
08/09/2025 09/09/2025 21/09/2025 32.00 1.00
28/12/2023 25/03/2024 01/04/2024 64.00 2.00
06/09/2022 12/09/2022 19/09/2022 48.00 1.50
08/05/2022 30/05/2022 - 24.00 0.75
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 4.50 66.30 6.79 %
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

28.00
1.10 4.09 %

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) More than 100
P/BV 1.61
Dividend Yield 2.08 %
Market Cap. (M) 896.00
Return on Average Assets (0.39 %)
Return on Average Equity (0.52 %)

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