Kingdom Holding plans 1.25% quarterly cash dividends for 2021
Kingdom Holding Co.'s board of directors, in a meeting held today, March 31, approved the distribution of quarterly cash dividends for 2021.
It will be financed from retained earnings, at 12.5 halalas per share, or 1.25% of the stock par value, totaling 5% (SAR 0.50 per share) for the full year, according to a bourse filing.
|
Dividend Details (2021) |
|
|
Current Capital |
SAR 37.058 bln |
|
Number of shares |
3.706 bln shares |
|
Quarterly Dividend |
SAR 163.9 mln |
|
Percentage of capital |
1.25% (equivalent to 12.5 halalas per share) |
|
Record date for first payment |
April, 1 2021 |
|
Record date for second payment |
June 30, 2021 |
|
Record date for third payment |
Sept. 30, 2021 |
|
Record date for fourth payment |
Dec. 31, 2021 |
|
Payment date |
10 working days after the second trading day following the record date |
The company explained that chairman Prince Alwaleed bin Talal Bin Abdulaziz Al Saud gave up his full entitlement of shares of the proposed annual cash distributions, which totaled 34 halalas per share (SAR 1.197 billion), or 8.50 halalas per share (SAR 299.2 million of quarterly profits).
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 31/03/2021 | 01/04/2021 | 15/04/2021 | 463.24 | 0.13 | |
| 31/03/2021 | 30/06/2021 | 14/07/2021 | 463.24 | 0.13 | |
| 31/03/2021 | 30/09/2021 | 14/10/2021 | 463.24 | 0.13 | |
| 31/03/2021 | 30/12/2021 | 13/01/2022 | 463.24 | 0.13 | |
| 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 |
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) | 17.28 |
| P/E Before Unusual Items (TTM) | 31.27 |
| P/BV | 0.63 |
| Dividend Yield | 3.17 % |
| Market Cap. (M) | 29,387.68 |
| Return on Average Assets | 2.87 % |
| Return on Average Equity | 4.05 % |
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