MEPCO shareholders to vote on 10% cash dividend for 2021
Middle East Paper Co.’s (MEPCO) shareholders will vote on the board’s recommendation to pay a cash dividend at 10%, or SAR 1 a share, for 2021, during the ordinary general meeting (OGM), scheduled for June 13, according to a bourse statement.
Dividend Details (2021) |
|
Current Capital |
SAR 500 mln |
Number of Shares |
50 mln |
Total Dividend |
SAR 50 mln |
Percentage of Capital |
10% (SAR 1 a share) |
Record Date |
June 13, 2022 (Shareholders of record on the second trading day following the OGM) |
Payment Date |
Within 15 days of the record date |
Shareholders will also vote on authorizing the board to pay interim dividend for 2022 on a semiannual or quarterly basis.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
17/03/2022 | 13/06/2022 | 28/06/2022 | 50.00 | 0.75 | |
10/03/2019 | 11/03/2019 | 25/03/2019 | 25.00 | 0.37 | |
30/10/2018 | 01/11/2018 | 14/11/2018 | 25.00 | 0.37 | |
04/03/2018 | 22/04/2018 | 08/05/2018 | 37.50 | 0.56 | |
15/03/2017 | 23/05/2017 | 08/06/2017 | 37.50 | 0.56 | |
08/05/2016 | 26/06/2016 | 24/07/2016 | 25.00 | 0.37 |
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 | 1.62 | 10.68 | 15.22 % |
Last 5 Financial years | 2.37 | 14.70 | 16.16 % |
Last 10 Financial years | N/A | N/A | N/A |
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 | 1.42 |
Dividend Yield | - |
Market Cap. (M) | 2,283.75 |
Return on Average Assets | (3.44 %) |
Return on Average Equity | (5.77 %) |
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