Arriyadh Development to pay 5% dividend for H1 2020

22/07/2020 Argaam Exclusive

Arriyadh Development Co.'s board of directors recommended paying cash dividend at 5% of capital, or SAR 0.50 a share, totaling SAR 88.89 million for H1 2020, according to a bourse statement.

 

Shareholders of record on Sept. 13, 2020 will be entitled to this dividend, which will be paid on Oct. 4, 2020, the statement added.

 

Dividend Details (H1 2020)

Current Capital

SAR 1.777 bln

Number of shares

177.78 mln

Dividend

SAR 88.88 mln

Percentage of capital

5% (SAR 0.50 per share)

Record date

Sep.13, 2020

Payment date

Oct. 4, 2020

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Arriyadh Development Co.
27.08
(0.18) (0.66 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 18.57
P/E Before Unusual Items (TTM) 18.99
P/BV 1.55
Dividend Yield 1.31 %
Market Cap. (M) 6,334.85
Return on Average Assets 9.36 %
Return on Average Equity 10.44 %

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