Lazurde shareholders OK 3% dividend for 2022

20/06/2023 Argaam Exclusive

Shareholders of Lazurde Company for Jewelry approved a 3% dividend payout, or SAR 0.3 per share, for 2022 during the third extraordinary general assembly meeting held on June 19.

 

Dividend Details (FY 2022)

Current Capital

SAR 575 mln

Number of Shares

57.5 mln

Total Dividend

SAR 17.25 mln

Percentage of Capital

3% (SAR 0.30 per share)

Record Date

June 19, 2023 (Shareholders registered with Edaa by the end of the second trading day following the EGM)

Payment Date

July 13, 2023

 

In a statement to Tadawul, the jewelry manufacturer said shareholders also authorized the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2023, as well as set the related record and payment dates.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/03/2023 19/06/2023 13/07/2023 17.25 0.30
17/03/2022 30/06/2022 06/07/2022 14.38 0.25
23/03/2017 10/04/2017 24/04/2017 21.50 0.43
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 0.55 14.39 3.82 %
Last 5 Financial years 0.55 16.43 3.35 %
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

14.60
(0.08) (0.55 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 17.79
P/E Before Unusual Items (TTM) 22.64
P/BV 2.62
Dividend Yield 2.11 %
Market Cap. (M) 839.50
Return on Average Assets 2.68 %
Return on Average Equity 13.49 %

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