City Cement board declares 7.5% cash dividend for H1 2021

12/08/2021 Argaam Exclusive

City Cement Co.’s board of directors declared, on Aug. 11, a 7.5% cash dividend, at SAR 0.75 per share, for the first half of 2021, amounting to SAR 105 million.

Dividend Details (H1 2021)

Current Capital

SAR 1.4 bln

Number of shares

140 mln

Dividend

SAR 105 mln

Percentage of capital

7.5% (SAR 0.75 per share)

Record date

Aug. 19, 2021 (Shareholders registered at Edaa on the second trading day following the due date)

Payment date

Sept. 2, 2021

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City Cement Co.
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Valuation Data (Latest Share Price)

P/E (TTM) 13.68
P/E Before Unusual Items (TTM) 13.68
P/BV 1.18
Dividend Yield 2.75 %
Market Cap. (M) 2,226.00
Return on Average Assets 8.42 %
Return on Average Equity 8.86 %

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