SABIC AN’s board approves 30% cash dividend for H2 2023

17/12/2023 Argaam Exclusive

SABIC Agri-Nutrients Co.’s board of directors approved today, Dec. 17, a 30% cash dividend, or SAR 3 a share, for H2 2023. 

Dividend Details (H2 2023)

Current Capital

SAR 4.76 bln

Number of Shares

476.04 mln

Total Dividend

SAR 1.42 bln

Percentage of Dividend

30% (SAR 3 a share)

Record Date

Feb. 7, 2024 (Shareholders of record and those registered with Edaa by the end of the second trading day following the record date)

Payment Date

Feb. 21, 2024

 

Total Dividend (2023)

Total Dividend

SAR 2.85 bln

Percentage of Capital

60%

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
17/12/2023 07/02/2024 21/02/2024 1,428.11 3.00
05/06/2023 16/07/2023 31/07/2023 1,428.11 3.00
20/12/2022 26/03/2023 13/04/2023 3,808.28 8.00
29/06/2022 17/07/2022 01/08/2022 1,904.14 4.00
20/12/2021 13/04/2022 27/04/2022 1,428.11 3.00
14/06/2021 30/06/2021 14/07/2021 595.04 1.25
15/12/2020 11/04/2021 25/04/2021 476.04 1.14
14/05/2020 21/06/2020 05/07/2020 416.67 1.00
16/12/2019 29/03/2020 12/04/2020 625.00 1.50
19/05/2019 16/07/2019 30/07/2019 625.00 1.50
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 22.25 80.10 27.78 %
Last 5 Financial years 27.39 76.70 35.71 %
Last 10 Financial years 45.74 125.60 36.42 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

111.80
(0.20) (0.18 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 15.12
P/E Before Unusual Items (TTM) 14.58
P/BV 2.87
Dividend Yield 4.34 %
Market Cap. (M) 53,221.27
Return on Average Assets 13.33 %
Return on Average Equity 19.81 %

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