28/05/2024
Argaam Exclusive
Bupa Arabia for Cooperative Insurance Co.’s board recommended today, May 28, paying dividends at 40% of capital, or SAR 4 a share, for 2023, according to a statement to Tadawul.
Dividends Details (2023)
Current Capital
SAR 1.5 bln
Number of Shares
150 mln
Total Dividends
SAR 600 mln
Percentage of Capital
40% (SAR 4 a share)
Record Date
Shareholders of record and those registered with Edaa on the second trading day following the general meeting date, to be set later after obtaining the regulatory approvals
Payment Date
To be determined later
The Saudi insurer earlier obtained the Insurance Authority’s (IA) approval on the board’s dividend proposal, the statement added.
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
11.20
96.18
11.64 %
Last 5 Financial years
13.92
64.74
21.50 %
Last 10 Financial years
18.05
11.42
158.10 %
Based on the beginning of the period (January 1 of the base year)
Valuation Data (Latest Share Price)
P/E (TTM)
30.73
P/E Before Unusual Items (TTM)
30.73
P/BV
6.85
Dividend Yield
1.87 %
Market Cap. (M)
34,140.00
Return on Average Assets
7.88 %
Return on Average Equity
23.64 %
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/reports/company-dividend/41681?preview=true