Retal board proposes 30% cash dividend for H2 2022

01/03/2023 Argaam Exclusive

Retal Urban Development Co.’s board of directors recommended on Feb. 28 a 30% cash dividend for the second half of 2022, at SAR 3 per share.

 

Dividend Details (H2 2022)

Current Capital

SAR 400 mln

Number of Shares

40 mln

Dividend

SAR 120 mln

Percentage of Capital

30% (SAR 3 per share)

Record Date

By the close of trading on the general assembly meeting date, and for shareholders registered with Edaa, by the close of the second trading day after the meeting

Payment Date

To be determined later

 

Dividend Details (2022)

Dividend

SAR 220 mln

Percentage of Capital

50% (SAR 5 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
01/03/2023 02/05/2023 11/05/2023 120.00 0.24
09/08/2022 29/09/2022 12/10/2022 80.00 0.16
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

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Valuation Data (Latest Share Price)

P/E (TTM) 20.53
P/E Before Unusual Items (TTM) 20.53
P/BV 6.32
Dividend Yield 3.76 %
Market Cap. (M) 4,580.00
Return on Average Assets 6.52 %
Return on Average Equity 29.73 %

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