AXA Cooperative Insurance Co.’s board of directors recommended on March 9, 2020 a 7% cash dividend for the fiscal year 2019, at SAR 0.70 per share, amounting to SAR 35 million, the company said in a bourse filing on Tuesday.
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Dividend Details |
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Current Capital |
SAR 500 mln |
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Number of shares |
50 mln |
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Dividend |
SAR 35 mln |
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Percentage of capital |
7% (equivalent to SAR 0.7 per share) |
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Record date |
Registered shareholders at Securities Depository Center Co. (Edaa) by the end of the second trading day |
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Payment date |
To be determined |
According to data compiled by Argaam, this is the first time that AXA Cooperative distributes cash dividends to shareholders since its listing in the market in 2009.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| Data not available | |||||
| 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 | N/A | 14.83 | N/A |
| Last 5 Financial years | N/A | 18.25 | N/A |
| Last 10 Financial years | N/A | 15.75 | N/A |
| P/E (TTM) | 8.56 |
| P/E Before Unusual Items (TTM) | 8.56 |
| P/BV | 1.03 |
| Dividend Yield | 3.79 % |
| Market Cap. (M) | 1,197.00 |
| Return on Average Assets | 5.08 % |
| Return on Average Equity | 12.54 % |
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