Electrical Industries shareholders to vote on 10% dividend for 2021 on April 20

30/03/2022 Argaam Exclusive

Electrical Industries Co.’s (EIC) shareholders will vote on the board's proposal for a 10% cash dividend, or SAR 1 per share, for 2021, during the ordinary general meeting (OGM) scheduled for April 20, according to a bourse filing. 

 

Dividend Details  

Current Capital 

SAR 450 mln

Number of Shares 

45 mln

Total Dividends 

SAR 45 mln

Percentage of Capital 

10% (equivalent to SAR 1 per share)

Record Date 

April 20, 2022

Payment Date 

To be determined

 

The meeting will be held online. Shareholders registered in Tadawulaty system can start voting on the agenda items from April 16.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
17/03/2022 20/04/2022 17/05/2022 45.00 0.04
17/03/2021 26/04/2021 09/05/2021 22.50 0.02
21/03/2018 13/05/2018 27/05/2018 45.00 0.04
14/03/2017 25/04/2017 11/05/2017 40.50 0.04
19/11/2015 30/11/2015 14/12/2015 22.50 0.02
21/04/2015 14/05/2015 31/05/2015 22.50 0.02
30/12/2014 20/04/2015 06/05/2015 45.00 0.04
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 0.06 0.64 9.35 %
Last 5 Financial years 0.06 0.84 7.14 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

5.60
(0.30) (5.08 %)
ajax loading

Valuation Data (Latest Share Price)

P/E (TTM) 26.13
P/E Before Unusual Items (TTM) 25.08
P/BV 8.57
Dividend Yield 5.28 %
Market Cap. (M) 6,300.00
Return on Average Assets 13.03 %
Return on Average Equity 34.41 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.