SAFCO board recommends 10% dividend for H2 2020

15/12/2020 Argaam Exclusive

Saudi Arabia Fertilizers Co.’s (SAFCO) board of directors recommended a 10% cash dividend for the second half of 2020, the company said in a bourse filing.

Dividend Details (H2 2020)

Current Capital

SAR 4.7604 bln

Number of shares

476.04 mln

Dividend

SAR 476.04 mln

Percentage of capital

10% (SAR 1 per share)

Record date

Registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following the general assembly, which will be announced later

Payment date

To be announced later

 

Total Dividends for FY2020 

Total Capital 

SAR 892.7 mln 

Ratio of capital 

20% (equivalent to SAR 2 per unit) 

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Valuation Data (Latest Share Price)

P/E (TTM) 14.88
P/E Before Unusual Items (TTM) 14.35
P/BV 2.83
Dividend Yield 4.34 %
Market Cap. (M) 52,364.40
Return on Average Assets 13.33 %
Return on Average Equity 19.81 %

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