Saudi Electricity shareholders approve 7% cash dividend for 2020
Saudi Electricity Co.’s (SEC) shareholders approved the board of directors’ recommendation of a 7% cash dividend for 2020, at SAR 0.70 per share, amounting to SAR 2.916 billion, during the ordinary general assembly meeting (OGM) held on April 27, 2021.
|
Dividend Details (2020) |
|
|
Current Capital |
SAR 41.666 bln |
|
Number of shares |
4.1666 bln |
|
Dividend* |
SAR 2.916 bln |
|
Percentage of capital |
7% (SAR 0.70 per share) |
|
Record date |
April 27, 2021 (Including shareholders registered at the Securities Depository Center (Edaa) on the second day after the record date) |
|
Payment date |
May 20, 2021 |
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 30/03/2021 | 27/04/2021 | 20/05/2021 | 2,916.62 | 0.70 | |
| 21/04/2020 | 02/06/2020 | 16/06/2020 | 749.30 | 0.70 | |
| 13/03/2019 | 30/04/2019 | 12/05/2019 | 749.30 | 0.70 | |
| 21/03/2018 | 25/06/2018 | 17/07/2018 | 547.00 | 0.70 | |
| 21/02/2017 | 19/04/2017 | 30/04/2017 | 547.00 | 0.70 | |
| 23/02/2016 | 25/04/2016 | 08/05/2016 | 547.00 | 0.70 | |
| 24/02/2015 | 20/04/2015 | 03/05/2015 | 547.00 | 0.70 | |
| 25/02/2014 | 15/04/2014 | 27/04/2014 | 547.00 | 0.70 | |
| 24/02/2013 | 15/04/2013 | 27/04/2013 | 547.00 | 0.70 | |
| 19/02/2012 | 02/04/2012 | 14/04/2012 | 547.00 | 0.70 |
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 | 2.10 | 15.16 | 13.85 % |
| Last 5 Financial years | 3.50 | 22.50 | 15.55 % |
| Last 10 Financial years | 7.00 | 13.80 | 50.72 % |
Based on the beginning of the period (January 1 of the base year)
Comments {{getCommentCount()}}
Be the first to comment
{{Comments.indexOf(comment)+1}}
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}
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.
Most Read
- EFG Hermes Successfully Concludes Action Energy Company’s Private Placement and Listing on Boursa Kuwait, Reinforcing Investor Confidence in Kuwait
- stc inks MoU with HUMAIN to develop AI data centers
- Alramz debuts on TASI today at SAR 70/share
- Fakeeh Care signs SAR 97.3M land lease deal with Madinah Municipality
- Alramz drops 14% on TASI debut
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | 18.39 |
| P/BV | 0.66 |
| Dividend Yield | 4.14 % |
| Market Cap. (M) | 57,290.67 |
| Return on Average Assets | (0.44 %) |
| Return on Average Equity | (2.86 %) |
Call Request
Comments Analysis: