eXtra plans 10% dividend for H1 2020

20/07/2020 Argaam Exclusive

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United Electronics Co.’s (eXtra) board of directors recommended, on July 19, a 10% cash dividend for the first half of 2020, at SAR 1 per share, amounting to SAR 60 million.

Dividend Details (H1 2020)

Current Capital

SAR 600 mln

Number of shares

60 mln

Dividend

SAR 60 mln

Percentage of capital

10% (SAR 1 per share)

Record date

August 9, 2020 (including those registered at the Securities Depository Center two days after this date)

Payment date

August 23, 2020

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United Electronics Co.
87.30
0.25 0.29 %

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Valuation Data (Latest Share Price)

P/E (TTM) 13.43
P/E Before Unusual Items (TTM) 14.10
P/BV 4.45
Dividend Yield 11.09 %
Market Cap. (M) 6,984.01
Return on Average Assets 9.98 %
Return on Average Equity 37.17 %

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