AI Summary
Arabian Internet and Communications Services Co.’s (solutions) board of directors recommended a 40% cash dividend for 2021, at SAR 4 per share, amounting to SAR 475.20 million.
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Dividend Details (2021) |
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|
Current capital |
SAR 1.2 bln |
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Number of shares* |
120 mln |
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Dividend |
SAR 475.20 mln |
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Percentage of capital |
40% (SAR 4 per share) |
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Record date |
Shareholders registered with the Edaa by the close of trading on the second trading day following the general assembly meeting, which will be announced later |
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Payment date |
To be determined later |
* 118.8 mln shares entitled for dividends
The company, 79%-owned by stc, has announced dividend for the first time since listing on the Saudi market in September 2021, according to Argaam data.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 15/02/2022 | 29/05/2022 | 15/06/2022 | 475.20 | 4.00 |
| 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 | N/A | N/A | N/A |
| Last 5 Financial years | N/A | N/A | N/A |
| Last 10 Financial years | N/A | N/A | N/A |
| P/E (TTM) | 17.45 |
| P/E Before Unusual Items (TTM) | 17.58 |
| P/BV | 6.78 |
| Dividend Yield | 3.67 % |
| Market Cap. (M) | 27,060.03 |
| Return on Average Assets | 13.84 % |
| Return on Average Equity | 40.41 % |
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