31/03/2024
Argaam Exclusive
Riyadh Cables Group Co.’s shareholders will vote on the board’s recommendation to distribute a 15% cash dividend (SAR 1.5 per share) for H2 2023, during an ordinary general assembly meeting to be held on April 21, the company said in a statement to Tadawul.
|
Dividend Details (H2 2023) |
|
|
Current Capital |
SAR 1.5 bln |
|
Number of Shares* |
150 mln |
|
Total Dividend |
SAR 224.58 mln |
|
Percentage of Capital |
15% (SAR 1.5 per share) |
|
Record Date |
To shareholders of record registered with Edaa on the second trading day after the record date |
|
Payment Date |
Within 15 working days from the EGM date |
*Shares eligible for dividend payout amount to 149.72 mln
|
Full-Year Dividend (2023) |
|
|
Total Dividend |
SAR 374.55 mln |
|
Percentage of Capital |
25% (SAR 2.5 per share) |
Shareholders will also vote on authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2024.
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
Valuation Data (Latest Share Price)
| P/E (TTM) | 28.51 |
| P/E Before Unusual Items (TTM) |
27.27 |
| P/BV | 6.58 |
| Dividend Yield | 2.70 % |
| Market Cap. (M) |
14,790.00 |
| Return on Average Assets | 10.97 % |
| Return on Average Equity | 23.76 % |