AI Summary
Southern Province Cement Co.’ shareholders approved yesterday the board’s recommendation on paying cash dividend at 22.5%, or SAR 2.25 per share for H2 2019, the cement producer said in a statement to Tadawul.
|
Dividend Details (H2 2019) |
||
|
Current Capital |
SAR 1.4 bln |
|
|
Number of shares |
140 mln |
|
|
Dividend |
SAR 315 mln |
|
|
Percentage of capital |
22.5% (SAR 2.25 per share) |
|
|
Record date |
April 05, 2020 (The second day following the record date) |
|
|
Payment date |
April 19, 2020 |
|
|
Dividend for FY 2019 |
||
|
Total dividend |
SAR 490 mln |
|
|
Percentage of capital |
35% (SAR 3.5/share) |
|
Shareholders, during the meeting, authorized the board of directors to pay interim dividends on a quarterly or semi-annual basis for FY2020.
| P/E (TTM) | 21.80 |
| P/E Before Unusual Items (TTM) | 21.80 |
| P/BV | 0.95 |
| Dividend Yield | 3.48 % |
| Market Cap. (M) | 3,113.60 |
| Return on Average Assets | 3.15 % |
| Return on Average Equity | 4.37 % |
Be the first to comment
Comments Analysis: