GO shareholders OK 3% cash dividend for FY 2024/25

25/09/2025 Argaam Exclusive

Etihad Atheeb Telecommunication Co.’s (GO) shareholders approved the distribution of cash dividend at 3% of the company’s capital (SAR 0.30 per share) for the year ended March 31, 2025, during the ordinary general meeting (OGM) on Sept. 24.

 

Dividend Details

Current Capital

SAR 339.99 mln

No. of Shares

33.99 mln

Total Dividend

SAR 10.19 mln

Percentage of Capital

3% (SAR 0.3 a share)

Record Date

Sept. 24, 2025 (For shareholders registered at the Securities Depository Center Co. (Edaa) by the end of the second trading day following the OGM date that will be announced later)

Payment Date

Oct. 7, 2025

 

Shareholders also approved the transactions and contracts concluded between the company and eJad Tech Co., a subsidiary in which CEO Yahya Al Mansour has an indirect interest, as he serves as Chairman of the subsidiaries.

 

The transactions pertain to payments made for the acquisition of a 51% stake in eJad Tech through the purchase of shares from Al Maha Al-Buqmi, a creditor in the amount of SAR 44.2 million for her 26% stake, of which SAR 20.4 million has been paid and SAR 23.8 million remains outstanding. This is in addition to Aisha Al-Buqmi, a creditor in the amount of SAR 42.5 million for her 25% stake, of which SAR 19.6 million has been paid and SAR 22.9 million remains outstanding.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
22/07/2025 31/07/2025 19/08/2025 924.00 1.20
19/02/2025 20/03/2025 09/04/2025 1,001.00 1.30
15/09/2024 19/09/2024 06/10/2024 693.00 0.90
11/02/2024 27/06/2024 15/07/2024 1,116.50 1.45
20/02/2023 01/06/2023 21/06/2023 885.50 1.15
25/11/2021 23/05/2022 09/06/2022 654.50 0.85
17/12/2020 23/05/2021 06/06/2021 385.00 0.50
21/07/2014 24/07/2014 11/08/2014 962.50 1.25
01/05/2014 06/05/2014 13/05/2014 962.50 1.25
15/01/2014 16/02/2014 26/02/2014 962.50 1.25
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 4.80 31.00 15.48 %
Last 5 Financial years 6.15 25.70 23.93 %
Last 10 Financial years 6.15 44.55 13.80 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

66.55
(1.55) (2.28 %)

Valuation Data (Latest Share Price)

P/E (TTM) 15.05
P/E Before Unusual Items (TTM) 16.42
P/BV 2.63
Dividend Yield 4.12 %
Market Cap. (M) 51,243.55
Return on Average Assets 8.67 %
Return on Average Equity 18.30 %

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