Theeb Rent a Car board approves payment of 5.1% dividend for H1 2021

16/09/2021 Argaam Exclusive

Theeb Rent a Car Co.'s board of directors approved today, Sept. 16, the recommendation to distribute cash dividends at SAR 0.51 per share, or 5.1% of capital, for the first half of 2021, according to a bourse filing.

 

Dividend Details

Current Capital

SAR 430 mln

Number of shares

43 mln

Dividend

SAR 21.93 mln

Percentage of capital

5.1% (SAR 0.51 per share)

Record date

Sept. 20, 2021 (for shareholders registered in the company's shareholders register at the Securities Depository Center at the end of the second trading day following the due date)

Payment date

Oct. 6, 2021

 

This will be the company's first dividend distribution since debut on Tadawul in March, according to Argaam's data.

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Theeb Rent a Car Co.
58.80
(0.25) (0.42 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 12.99
P/E Before Unusual Items (TTM) 12.99
P/BV 2.80
Dividend Yield 2.75 %
Market Cap. (M) 2,526.25
Return on Average Assets 7.06 %
Return on Average Equity 22.83 %

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