Eastern Cement board declares 14% cash dividend for H1 2021

02/08/2021 Argaam Exclusive

Eastern Province Cement Co.'s board of directors recommended, today, Aug. 2, a 14% cash dividend for H1 2021, at SAR 1.40 a share, totaling SAR 120.40 million.

 

Dividend Details (H1 2021)

Current Capital

SAR 860 bln

Number of Shares

86 mln

Dividend

SAR 120.4 mln

Percentage of Capital

14% (SAR 1.4/share)

Record Date

Aug. 8, 2021 (including those registered at the Securities Depository Center (Edaa) two days after this date)

Payment Day

Aug. 23, 2021

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Eastern Province Cement Co.
24.69
0.18 0.73 %

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Valuation Data (Latest Share Price)

P/E (TTM) 8.87
P/E Before Unusual Items (TTM) 7.92
P/BV 0.93
Dividend Yield 4.65 %
Market Cap. (M) 2,123.34
Return on Average Assets 8.14 %
Return on Average Equity 10.17 %

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