Elm board declares 40% cash dividend for H2 2023

10/03/2024 Argaam Exclusive

Elm Co.’s board of directors declared, on March 9, a 40% cash dividend, or SAR 4 a share, for the second half of 2023.

 

Cash Dividend Details (H2 2023)

Current Capital

SAR 800 mln

Number of Shares

77.70 mln

Total Dividend

SAR 310.79 mln

Payment Ratio

40% (SAR 4 a share)

Record Date

March 13, 2024 (Shareholders registered with Edaa by the close of the second trading day following the record date)

Payment Date

March 25, 2024

 

Dividend Details (2023)

Total Dividend

SAR 543.88 mln

Percentage of Capital

70% (SAR 7 a share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
10/03/2024 13/03/2024 25/03/2024 310.79 4.00
06/08/2023 13/08/2023 24/08/2023 233.09 3.00
28/03/2023 04/04/2023 13/04/2023 233.09 3.00
21/09/2022 29/09/2022 13/10/2022 155.20 2.00
23/03/2022 09/05/2022 22/05/2022 232.80 3.00
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

855.00
(15.00) (1.72 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 49.60
P/E Before Unusual Items (TTM) 49.60
P/BV 16.91
Dividend Yield 0.83 %
Market Cap. (M) 68,400.00
Return on Average Assets 18.74 %
Return on Average Equity 38.36 %

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