SABIC board recommends 22.5% cash dividend for H2 2021
Saudi Basic Industries Corp.’s (SABIC) board of directors recommended today, Dec. 15, a 22.5% cash dividend (SAR 2.25 per share) for the second half of 2021, amounting to SAR 6.75 billion, the company said in a bourse statement.
|
Dividend Details (H2 2021) |
|
|
Current Capital |
SAR 30 bln |
|
Number of shares |
3 bln |
|
Dividend |
SAR 6.75 bln |
|
Percentage of capital |
22.5% (SAR 2.25 per share) |
|
Record date |
Shareholders registered with Securities Depository Center Co. (Edaa) at the end of the second trading day following the general assembly date, which will be announced later |
|
Payment date |
To be announced later |
|
Total Dividend for 2021 |
|
|
Total Dividend |
SAR 12 bln |
|
Percentage of capital |
40% (equivalent to SAR 4 per share) |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 15/12/2021 | 10/04/2022 | 25/04/2022 | 6,750.00 | 2.25 | |
| 22/06/2021 | 19/09/2021 | 03/10/2021 | 5,250.00 | 1.75 | |
| 16/12/2020 | 13/04/2021 | 03/05/2021 | 4,500.00 | 1.50 | |
| 17/06/2020 | 03/09/2020 | 20/09/2020 | 4,500.00 | 1.50 | |
| 18/12/2019 | 21/04/2020 | 12/05/2020 | 6,600.00 | 2.20 | |
| 23/05/2019 | 16/09/2019 | 30/09/2019 | 6,600.00 | 2.20 | |
| 19/12/2018 | 09/04/2019 | 30/04/2019 | 6,600.00 | 2.20 | |
| 05/06/2018 | 30/08/2018 | 17/09/2018 | 6,600.00 | 2.20 | |
| 19/12/2017 | 17/04/2018 | 01/05/2018 | 6,600.00 | 2.20 | |
| 21/06/2017 | 30/07/2017 | 17/08/2017 | 6,000.00 | 2.00 |
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any
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 | 11.40 | 116.20 | 9.81 % |
| Last 5 Financial years | 20.00 | 91.49 | 21.86 % |
| Last 10 Financial years | 45.00 | 95.75 | 47.00 % |
Based on the beginning of the period (January 1 of the base year)
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Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 1.36 |
| Dividend Yield | 5.85 % |
| Market Cap. (M) | 175,050.17 |
| Return on Average Assets | (9.88 %) |
| Return on Average Equity | (18.09 %) |
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