Northern Cement plans 2.5% cash dividend for H2 2020

09/03/2021 Argaam Exclusive

Northern Region Cement Co.’s board of directors recommended a 2.5% cash dividend, at SAR 0.25 per share, for H2 2020, amounting to SAR 45 million.

 

Dividend Details (H2 2020)

Current Capital

SAR 1.8 bln

Number of shares

180 mln

Dividend

SAR 45 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

March 14, 2021 (Including those registered at the Securities Depository Center two days after this date)

Payment date

March 28, 2021

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Northern Region Cement Co.
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(0.02) (0.28 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 22.77
P/E Before Unusual Items (TTM) 22.77
P/BV 0.57
Dividend Yield 2.70 %
Market Cap. (M) 1,283.40
Return on Average Assets 1.59 %
Return on Average Equity 2.49 %

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