Shareholders of Southern Province Cement Co. will vote on the board of directors’ proposal for a 25% cash dividend, or SAR 2.5 a share, for H2 2020 during the ordinary general meeting scheduled for April 11, 2021, the company said in a bourse filing.
Shareholders will also vote on authorizing the board to pay interim dividends on a semi-annual basis for FY 2021.Shareholders of Southern Province Cement Co. will vote on the board of directors’ proposal for a 25% cash dividend, or SAR 2.5 a share, for H2 2020 during the ordinary general meeting scheduled for April 11, 2021, the company said in a bourse filing.
Shareholders will also vote on authorizing the board to pay interim dividends on a semi-annual basis for FY 2021.
| Dividend Details | |
| Current Capital | SAR 1.4 bln | 
| Number of shares | 140 mln shares | 
| Dividend | SAR 350 mln | 
| Percentage of capital | 25% (equivalent to SAR 2.5 per share) | 
| Record date | April 11, 2021 (Shareholders Registered in Edaa by the close of the trading day after the record date) | 
| Payment date | April 25, 2021 | 
| 
 | |
| Dividend Details (2020) | |
| Dividend | SAR 665 mln | 
| Percentage of capital | 47.5% (equivalent to SAR 4.75 per share) | 
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes | 
| 03/03/2021 | 11/04/2021 | 25/04/2021 | 350.00 | 2.50 | |
| 23/07/2020 | 09/08/2020 | 23/08/2020 | 315.00 | 2.25 | |
| 05/03/2020 | 05/04/2020 | 19/04/2020 | 315.00 | 2.25 | |
| 05/08/2019 | 30/09/2019 | 06/10/2019 | 175.00 | 1.25 | |
| 07/03/2019 | 18/04/2019 | 01/05/2019 | 140.00 | 1.00 | |
| 08/08/2018 | 30/09/2018 | 14/10/2018 | 140.00 | 1.00 | |
| 07/03/2018 | 17/04/2018 | 29/04/2018 | 70.00 | 0.50 | |
| 10/07/2017 | 31/07/2017 | 01/10/2017 | 140.00 | 1.00 | |
| 16/02/2017 | 20/04/2017 | 30/04/2017 | 315.00 | 2.25 | |
| 25/07/2016 | 25/07/2016 | 04/08/2016 | 350.00 | 2.50 | 
| 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 | 10.25 | 48.38 | 21.19 % | 
| Last 5 Financial years | 16.50 | 70.00 | 23.57 % | 
| Last 10 Financial years | 47.75 | 61.75 | 77.33 % | 
| P/E (TTM) | 18.07 | 
| P/E Before Unusual Items (TTM) | 18.53 | 
| P/BV | 1.06 | 
| Dividend Yield | 3.48 % | 
| Market Cap. (M) | 3,500.00 | 
| Return on Average Assets | 4.28 % | 
| Return on Average Equity | 5.87 % | 
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