Northern Cement plans 2.5% dividend for H1 2020

30/08/2020 Argaam Exclusive

Northern Region Cement Co.’s board of directors recommended a 2.5% cash dividend for the first half of 2020, at SAR 0.25 per share, amounting to SAR 45 million.

Dividend Details (H1 2020)

Current Capital

SAR 1.8 mln

Number of shares

180 mln

Dividend

SAR 45 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

Sept. 3, 2020 (including those registered at the Securities Depository Center two days after this date)

Payment date

Sept. 24, 2020

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Northern Region Cement Co.
6.83
(0.17) (2.43 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 21.92
P/E Before Unusual Items (TTM) 21.92
P/BV 0.54
Dividend Yield -
Market Cap. (M) 1,229.40
Return on Average Assets 1.55 %
Return on Average Equity 2.48 %

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