National Shipping Co. of Saudi Arabia (Bahri) board of directors recommended a 10% cash dividend for the first half of 2020, at SAR 1 per share, amounting to SAR 393.75 million, the company said in a bourse statement.
Earlier today, the company’s board of directors declared the dividend distribution policy for the fiscal years 2020, 2021 and 2022, Argaam reported.
|
Dividend Details (H1 2020) |
|
|
Current Capital |
SAR 3.9375 bln |
|
Number of shares |
393.75 mln |
|
Dividend |
SAR 393.75 mln |
|
Percentage of capital |
10% (equivalent to SAR 1 per share) |
|
Record date |
Oct. 5, 2020 (including those registered at the Securities Depository Center two days after this date) |
|
Payment date |
Oct. 22, 2020 |
| P/E (TTM) | 14.12 |
| P/E Before Unusual Items (TTM) | 14.40 |
| P/BV | 1.91 |
| Dividend Yield | 3.82 % |
| Market Cap. (M) | 27,224.10 |
| Return on Average Assets | 7.10 % |
| Return on Average Equity | 14.07 % |
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