Saudi Chemical Co.'s shareholders approved the board of directors' recommendation to pay 5% cash dividend (SAR 0.5 per share), amounting to SAR 42.16 million, for 2020, during the ordinary general meeting (OGM) held on May 26, 2021, according to a bourse filing.
|
Dividend Details (2020) |
|
|
Current Capital |
SAR 843.2 mln |
|
Number of shares |
84.32 mln |
|
Dividend |
SAR 42.16 mln |
|
Percentage of capital |
5% (SAR 0.50 per share) |
|
Record date |
May 26, 2021 (Shareholders registered at Securities Depository Center (Edaa) at the end of the second trading day following this date) |
|
Distribution date |
June 14, 2021 |
Shareholders also authorized the company’s board to distribute interim dividend for 2021 on a quarterly or semi-annual basis and determine record date in accordance with the Companies Law and the company’s financial position, cash flows, expansion and investment plans.
| P/E (TTM) | 23.13 |
| P/E Before Unusual Items (TTM) | 23.13 |
| P/BV | 2.91 |
| Dividend Yield | 0.54 % |
| Market Cap. (M) | 6,399.89 |
| Return on Average Assets | 4.57 % |
| Return on Average Equity | 13.29 % |
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