AI Summary
Arriyadh Development Co.’s (ARDCO) shareholders approved the board’s recommendation to distribute a 5% cash dividend, or SAR 0.50 per share, for the second half of 2019, during the ordinary general meeting (OGM) held on April 19, according to a bourse filing on Monday.
|
Dividend Details (H2 2019) |
|
|
Current Capital |
SAR 1.78 bln |
|
Number of shares |
177.78 mln |
|
Dividend |
SAR 88.88 mln |
|
Percentage of capital |
5% (SAR 0.50 per share) |
|
Record date |
April 19, 2020 (including those registered at the Securities Depository Center two days after this date) |
|
Payment date |
To be determined |
|
Dividend Details (FY 2019) |
|
|
Dividend |
SAR 159.99 mln |
|
Percentage of capital |
9% (SAR 0.90 per share) |
Shareholders also authorized the board of directors to distribute interim dividends on a semi-annual or a quarterly basis for 2020.
They also approved the cash dividends distributed for the first half of 2019.
| P/E (TTM) | 17.41 |
| P/E Before Unusual Items (TTM) | 17.80 |
| P/BV | 1.45 |
| Dividend Yield | 1.31 % |
| Market Cap. (M) | 5,937.17 |
| Return on Average Assets | 9.36 % |
| Return on Average Equity | 10.44 % |
Be the first to comment
Comments Analysis: