Al Jouf Agricultural plans 5% dividend for H1 2020

20/08/2020 Argaam Exclusive

Al Jouf Agricultural Development Co.’s board of directors recommended a 5% cash dividend for the first half of 2020, at SAR 0.5 per share, amounting to SAR 15 million.

Dividend Details (H1 2020)

Current Capital

SAR 300 mln

Number of shares

30 mln

Dividend

SAR 15 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

Aug. 27, 2020 (including those registered at the Securities Depository Center two days after this date)

Payment date

To be determined

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Al-Jouf Agricultural Development Co.
44.78
(0.62) (1.37 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 16.55
P/E Before Unusual Items (TTM) 16.55
P/BV 1.70
Dividend Yield 1.68 %
Market Cap. (M) 1,343.40
Return on Average Assets 6.51 %
Return on Average Equity 10.54 %

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