Naqi Water shareholders to vote on 10% cash dividend for Q2, Q3 2022 on Jan. 8

18/12/2022 Argaam Exclusive

Naqi Water Co.’s shareholders will vote on the board's recommendation to distribute a cash dividend at 10% of capital (SAR 1 per share) for Q2 and Q3 2022, during an ordinary general meeting (OGM) scheduled to be held on Jan. 8, 2023, the company said in a statement to Tadawul.

 

Dividend Details

Current Capital

SAR 200 mln

Number of Shares

20 mln

Dividend

SAR 20 mln

Percentage of Capital

10% (SAR 1 per share)

Record Date

Jan. 8, 2023

Payment Date

Jan. 18, 2023

 

Other agenda items include voting on authorizing the board of directors to distribute interim dividends quarterly or semi-annually for 2023.

This will be the first cash dividend distribution by the company since its debut on Tadawul in August 2022.

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
13/12/2022 08/01/2023 18/01/2023 20.00 1.00
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

69.50
(0.40) (0.57 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 35.02
P/E Before Unusual Items (TTM) 35.02
P/BV 5.32
Dividend Yield 1.94 %
Market Cap. (M) 1,390.00
Return on Average Assets 13.80 %
Return on Average Equity 15.81 %

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