Markets News

Electrical Industries declares 25% cash dividends for H2 2024

Electrical Industries Co.’s board of directors declared, in its meeting held on March 6, paying a cash dividend at 25%, or SAR 0.125 a share, for H2 2024.

 

This aligned with the company’s three-year dividend policy, starting as of H2 2024, which stipulated that the company would pay a semi-annual dividend at SAR 0.125 a share, according to a statement to Tadawul.

 

Cash Dividends (H2 2024)

Current Capital

SAR 562.5 mln

Number of Shares

1.125 bln

Par Value (Share)

SAR 0.50

Total Dividends

SAR 140.63 mln

Percentage of Capital

25% (SAR 0.125 a share)

Record Date

March 20, 2025 (Shareholders of record and those registered with Edaa on the second trading day following the record date)

Payment Date

April 13, 2025

 

Cash Dividends (2024)

Total Dividends

SAR 253.13 mln

Percentage of Capital

45% (SAR 0.225 a share)

 
 

Dividend History (SAR/share)

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends *  
09/03/2025 20/03/2025 13/04/2025 140.63 0.13  
30/07/2024 08/08/2024 28/08/2024 112.50 0.10  
12/03/2024 31/03/2024 24/04/2024 84.38 0.08  
29/08/2023 07/09/2023 21/09/2023 84.38 0.08  
17/03/2022 20/04/2022 17/05/2022 45.00 0.04  
17/03/2021 26/04/2021 09/05/2021 22.50 0.02  
21/03/2018 13/05/2018 27/05/2018 45.00 0.04  
14/03/2017 25/04/2017 11/05/2017 40.50 0.04  
19/11/2015 30/11/2015 14/12/2015 22.50 0.02  
21/04/2015 14/05/2015 31/05/2015 22.50 0.02