Aldrees board recommends 15% cash dividend for FY2019

31/03/2020 Argaam Exclusive

Aldrees Petroleum and Transport Services Co.’s (Aldrees) board of directors recommended a 15% cash dividend, at SAR 1.5 per share, for the fiscal year 2019, according to a bourse statement on Tuesday.

Dividend Details (FY2019)

Current Capital

SAR 600 mln

Number of shares

60 mln

Dividend

SAR 90 mln

Percentage of capital

15% (SAR 1.5 per share)

Record date

End of second trading day following the general meeting (Including shareholders registered at the Security Depository Center (Edaa) by the end of the second trading day)

Payment date

To be determined

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
31/03/2020 28/04/2020 12/05/2020 90.00 0.90
17/01/2019 18/03/2019 02/04/2019 50.00 0.50
18/01/2018 05/03/2018 19/03/2018 50.00 0.50
17/01/2017 12/03/2017 22/03/2017 40.00 0.40
18/01/2016 02/03/2016 28/03/2016 80.00 0.80
18/01/2015 08/03/2015 07/04/2015 80.00 0.80
16/01/2014 05/03/2014 03/04/2014 60.00 0.60
15/01/2013 02/03/2013 03/04/2013 60.00 0.60
17/01/2012 10/03/2012 09/04/2012 50.00 0.50
16/01/2011 12/03/2011 05/04/2011 50.00 0.50
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 2.00 13.43 14.89 %
Last 5 Financial years 2.90 17.26 16.80 %
Last 10 Financial years 6.20 12.38 50.09 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 37.65
P/E Before Unusual Items (TTM) 37.65
P/BV 9.30
Dividend Yield 1.25 %
Market Cap. (M) 15,330.02
Return on Average Assets 4.62 %
Return on Average Equity 26.79 %

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