Eastern Cement board declares 10% cash dividend for H2 2023

11/03/2024 Argaam Exclusive

Eastern Province Cement Co.’s board of directors declared the payment of a cash dividend at 10% of capital, or SAR 1 a share, for H2 2023.

 

Cash Dividends

Current Capital

SAR 860 mln

Number of Shares

86 mln

Total Dividends

SAR 86 mln

Percentage of Capital

10% (SAR 1 a share)

Record Date

March 17, 2024, for shareholders of record and those registered with Edaa on the second trading day following the record date

Date of Payment

April 4, 2024

 

 

Total Dividends (2023)

Total Dividends

SAR 137.6 mln

Percentage of Capital

16% (SAR 1.6 a share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
11/03/2024 17/03/2024 04/04/2024 86.00 1.00
06/08/2023 20/08/2023 07/09/2023 51.60 0.60
20/03/2023 26/03/2023 13/04/2023 86.00 1.00
03/08/2022 14/08/2022 30/08/2022 86.00 1.00
13/03/2022 11/04/2022 26/04/2022 94.60 1.10
02/08/2021 08/08/2021 23/08/2021 120.40 1.40
07/03/2021 11/04/2021 28/04/2021 215.00 2.50
18/03/2020 14/04/2020 27/04/2020 129.00 1.50
19/03/2019 30/04/2019 15/05/2019 64.50 0.75
21/03/2018 08/05/2018 24/05/2018 86.00 1.00
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 6.10 41.20 14.81 %
Last 5 Financial years 10.10 20.50 49.27 %
Last 10 Financial years 18.35 60.00 30.58 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

33.70
(0.50) (1.46 %)
ajax loading

Valuation Data (Latest Share Price)

P/E (TTM) 13.81
P/E Before Unusual Items (TTM) 12.70
P/BV 1.22
Dividend Yield 4.20 %
Market Cap. (M) 2,898.20
Return on Average Assets 7.24 %
Return on Average Equity 8.92 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.