Kingdom Holding approves 1.25% quarterly cash dividend for FY2020
Kingdom Holding Co.’s board of directors approved on Monday the recommendation to distribute a 1.25% quarterly cash dividend for the fiscal year 2020, amounting to 5% for the full year.
The developer will issue a dividend of SAR 163.9 million each quarter from retained earnings, totaling SAR 655.9 million for the year, it said in a bourse statement on Tuesday.
The figure was determined after Kingdom Holding chairman Prince Alwaleed bin Talal gave up his full entitlement of the proposed annual cash distribution, totaling nearly SAR 1.197 billion.
|
Cash Dividend Details (FY2020) |
|
|
Current Capital |
SAR 37.058 bln |
|
Number of shares |
3.706 bln shares |
|
Cash dividend |
SAR 163.9 mln |
|
Percent capital |
1.25% ( 12.5 Halalas per share) |
|
First payment’s record date |
March 31, 2020 |
|
Second payment’s record date |
June 30, 2020 |
|
Third payment’s record date |
Sept. 30, 2020 |
|
Fourth payment’s record date |
Dec. 31, 2020 |
|
Payment date |
10 days after each record date |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 31/03/2020 | 31/12/2020 | 14/01/2021 | 463.24 | 0.13 | |
| 31/03/2020 | 30/09/2020 | 14/10/2020 | 463.24 | 0.13 | |
| 31/03/2020 | 30/06/2020 | 14/07/2020 | 463.24 | 0.13 | |
| 31/03/2020 | 31/03/2020 | 14/04/2020 | 463.24 | 0.13 | |
| 28/03/2019 | 31/03/2019 | 15/04/2019 | 463.24 | 0.13 | |
| 28/03/2019 | 30/06/2019 | 15/07/2019 | 463.24 | 0.13 | |
| 28/03/2019 | 30/09/2019 | 15/10/2019 | 463.24 | 0.13 | |
| 28/03/2019 | 31/12/2019 | 15/01/2020 | 463.24 | 0.13 | |
| 29/03/2018 | 31/12/2018 | 15/01/2019 | 463.24 | 0.13 | |
| 29/03/2018 | 30/09/2018 | 14/10/2018 | 463.24 | 0.13 |
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 | 1.50 | 8.67 | 17.30 % |
| Last 5 Financial years | 2.50 | 15.79 | 15.83 % |
| Last 10 Financial years | 5.00 | 8.20 | 60.97 % |
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Valuation Data (Latest Share Price)
| P/E (TTM) | 31.77 |
| Recurring P/E (TTM) | 38.48 |
| P/BV | 0.70 |
| Dividend Yield | 3.50 % |
| Market Cap. (M) | 45,063.53 |
| Return on Average Assets | 1.91 % |
| Return on Average Equity | 2.56 % |
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