Kingdom Holding board plans 2.8% cash dividend for 2024
Kingdom Holding Co.'s board of directors recommended a 2.8% cash dividend at SAR 0.28 per share, for 2024, the company said in a statement to Tadawul.
Dividend Details (2024) |
|
Current Capital |
SAR 37.05 bln |
Number of Shares |
3.70 bln |
Dividend |
SAR 1.03 bln |
Payout Ratio |
2.8% (SAR 0.28 per share) |
Record Date |
Shareholders at the end of the second trading day after the record date and those registered with Edaa |
Payment Date |
To be announced later |
Total Dividend (2024) |
|
Dividend |
SAR 2.07 bln |
Payout Ratio |
5.6% (SAR 0.56 per share) |
According to data available on Argaam, shareholders of Kingdom Holding approved, in June 2024, the board of directors' recommendation on paying a 2.8% cash dividend, or SAR 0.28 per share, for 2024 from retained earnings.
The payment is divided into quarterly dividends of 0.7%, or SAR 0.07 per share, totaling SAR 259.4 million per quarter. The total full-year distribution amounts to SAR 1.03 billion, or 2.8% of the capital.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) |
Dividends * | Notes |
17/03/2025 | - | - | 1,037.60 | 0.28 | |
26/03/2024 | 10/06/2024 | 24/06/2024 | 259.40 | 0.07 | |
26/03/2024 | 31/07/2024 | 14/08/2024 | 259.40 | 0.07 | |
26/03/2024 | 01/10/2024 | 15/10/2024 | 259.40 | 0.07 | |
26/03/2024 | 31/12/2024 | 14/01/2025 | 259.40 | 0.07 | |
30/03/2023 | 14/05/2023 | 29/05/2023 | 259.40 | 0.07 | |
30/03/2023 | 03/07/2023 | 18/07/2023 | 259.40 | 0.07 | |
30/03/2023 | 01/10/2023 | 16/10/2023 | 259.40 | 0.07 | |
30/03/2023 | 31/12/2023 | 15/01/2024 | 259.40 | 0.07 | |
27/02/2022 | 17/04/2022 | 26/04/2022 | 259.40 | 0.07 |
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 | 0.84 | 10.02 | 8.38 % |
Last 5 Financial years | 1.84 | 7.53 | 24.44 % |
Last 10 Financial years | 4.34 | 18.08 | 24.00 % |
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Valuation Data (Latest Share Price)
P/E (TTM) | 24.63 |
P/E Before Unusual Items (TTM) | 33.35 |
P/BV | 0.78 |
Dividend Yield | 3.17 % |
Market Cap. (M) | 30,462.35 |
Return on Average Assets | 2.27 % |
Return on Average Equity | 2.66 % |
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