Makkah Construction shareholders to vote on 15% cash dividend on April 19
Makkah Construction and Development Co.'s shareholders will vote on the board's recommendation on paying cash dividend at SAR 1.5 a share, or 15% of capital, totaling SAR 247.2 million on April 19, the company said in a bourse filing.
The ordinary general meeting will be held through electronic voting.
Shareholders will also discuss financial results, the board's as well as the auditor's reports for the fiscal year ending Dec. 26, 2019.
They will also appoint an auditor, discharge board members from liability, in addition to approving board remuneration of SAR 2.2 million for the same year.
Shareholders will elect a new board of directors for the coming three-year term as of July 12, 2020, in addition to forming a new audit committee for the same three-year term.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 12/03/2020 | 19/04/2020 | 14/05/2020 | 247.22 | 1.24 | |
| 25/03/2019 | 01/05/2019 | 22/05/2019 | 329.63 | 1.65 | |
| 02/04/2018 | 21/05/2018 | 06/06/2018 | 329.63 | 1.65 | |
| 23/03/2017 | 21/05/2017 | 12/06/2017 | 412.04 | 2.06 | |
| 31/03/2016 | 31/05/2016 | 22/06/2016 | 412.04 | 2.06 | |
| 06/04/2015 | 15/06/2015 | 28/06/2015 | 412.04 | 2.06 | |
| 24/04/2014 | 25/06/2014 | 08/07/2014 | 412.04 | 2.06 | |
| 04/05/2013 | 07/07/2013 | 18/07/2013 | 412.04 | 2.06 | |
| 15/05/2012 | 18/07/2012 | 24/07/2012 | 329.60 | 1.65 | |
| 29/05/2011 | 17/08/2011 | 24/08/2011 | 247.22 | 1.24 |
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 | 2.88 | 61.77 | 4.67 % |
| Last 5 Financial years | 6.59 | 78.87 | 8.36 % |
| Last 10 Financial years | 16.48 | 24.89 | 66.21 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
Most Read
- Knauf raises stake in United Mining to 99.3%, plans delisting
- Mayar Holding subsidiary postpones 30% stake offering on Nomu
- Almoosa Health: Q3 Loss Driven by Non-Cash Accounting Impact of Derivative Valuation, While Core Operations Remain Profitable and Expansion Plans Stay on Track
- Arabian Mills CEO: Improved cost management drives Q3 profit growth; loans cut to SAR 638M
- Multi Business renews SAR 21.5M loan agreement with Riyad Bank
Valuation Data (Latest Share Price)
| P/E (TTM) | 24.52 |
| Recurring P/E (TTM) | 24.28 |
| P/BV | 3.24 |
| Dividend Yield | 1.89 % |
| Market Cap. (M) | 12,620.00 |
| Return on Average Assets | 10.24 % |
| Return on Average Equity | 12.93 % |
Comments Analysis: