Almunajem board OKs 20% cash dividend for H2 2023

15/11/2023 Argaam Exclusive

Almunajem Foods Co.’s board of directors approved on Nov. 14 a 20% cash dividend, or SAR 2 per share, for the second half of 2023, the company said in a statement to Tadawul

 

Dividend Details (H2 2023)

Current capital

SAR 600 mln

Number of shares

60 mln

Dividend

SAR 120 mln

Percentage of capital

20% (SAR 2 per share)

Record date

Nov. 21, 2023 (Shareholders registered with the Securities Depository Center by the close of the second trading day following the record date)

Payment date

Dec. 3, 2023

 

Total Dividend (2023)

Total Dividend

SAR 195.5 mln

Percentage of Capital

32.5% (SAR 3.25 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
15/11/2023 21/11/2023 03/12/2023 120.00 2.00
18/07/2023 06/08/2023 22/08/2023 75.00 1.25
23/03/2023 08/05/2023 17/05/2023 60.00 1.00
18/07/2022 31/07/2022 14/08/2022 75.00 1.25
27/03/2022 01/06/2022 12/06/2022 120.00 2.00
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 7.50 63.40 11.83 %
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

110.00
(3.60) (3.17 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 21.00
P/E Before Unusual Items (TTM) 21.00
P/BV 6.34
Dividend Yield 4.41 %
Market Cap. (M) 6,600.00
Return on Average Assets 19.57 %
Return on Average Equity 31.06 %

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