Saudi Cement recommends 20% dividends for H2 2019

06/02/2020 Argaam Exclusive

Saudi Cement Co.’s board of directors recommended a 20% cash dividend for the second half of 2019, at SAR 2 per share, amounting to SAR 306 million, according to a bourse statement on Thursday.

Dividend Details (H2 2019)

Current Capital

SAR 1.53 bln

Number of shares

153 mln

Dividend

SAR 306 mln

Percentage of capital

20% (SAR 2 per share)

Record date

End of second trading day following the general assembly’s meeting

Payment date

To be determined

Dividend Details (FY 2019)

Dividend

SAR 535.5 mln

Percentage of capital

35% (SAR 3.5 per share

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
06/02/2020 21/04/2020 05/05/2020 306.00 2.00
29/05/2019 12/06/2019 02/07/2019 229.50 1.50
06/02/2019 16/04/2019 01/05/2019 267.75 1.75
28/05/2018 05/06/2018 02/07/2018 229.50 1.50
07/02/2018 15/04/2018 25/04/2018 267.75 1.75
24/05/2017 06/06/2017 20/06/2017 344.25 2.25
08/02/2017 09/04/2017 17/04/2017 420.75 2.75
25/05/2016 16/06/2016 27/06/2016 420.75 2.75
07/02/2016 24/03/2016 31/03/2016 459.00 3.00
25/05/2015 30/06/2015 09/07/2015 459.00 3.00
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 10.75 71.49 15.04 %
Last 5 Financial years 22.25 95.74 23.24 %
Last 10 Financial years 52.75 38.33 137.62 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

44.95
(0.50) (1.10 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 18.54
P/E Before Unusual Items (TTM) 18.54
P/BV 3.03
Dividend Yield 4.75 %
Market Cap. (M) 6,877.35
Return on Average Assets 11.33 %
Return on Average Equity 15.82 %

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