AI Summary
United International Transportation Company Ltd.'s (Budget Saudi) shareholders approved the board's recommendation on paying cash dividend at 5% of capital, or SAR 0.50 a share, for H2 2019, the company said in a bourse statement.
This came during the company's ordinary general meeting (OGM) held yesterday, Monday, June 15, 2020.
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Dividend Details (H2 2019) |
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Current Capital |
SAR 711.67 mln |
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Number of shares |
71.17 mln |
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Dividend |
SAR 35.58 bln |
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Percentage of capital |
5% (SAR 0.50 per share) |
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Record date |
June 15, 2020 |
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Payment date |
To be determined |
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Dividend for FY 2019 |
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Total dividend |
SAR 71.17 mln |
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Percentage of capital |
10% (SAR 1 per share) |
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During the meeting, the board was authorized to pay interim dividend for 2020 on a quarterly and semiannual basis.
Shareholders appointed an external auditor for FY2020, and approved other items on the meeting’s agenda.
| P/E (TTM) | 13.71 |
| P/E Before Unusual Items (TTM) | 13.71 |
| P/BV | 1.70 |
| Dividend Yield | 1.77 % |
| Market Cap. (M) | 4,807.46 |
| Return on Average Assets | 6.92 % |
| Return on Average Equity | 12.94 % |
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