AI Summary
Arabian Contracting Services Co.’s (Al Arabia) board of directors recommended, on March 6, an 18.6% cash dividend, at SAR 1.86 per share, for 2021, amounting to SAR 92.50 million.
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Dividend Details (2021) |
|
|
Current capital |
SAR 500 mln |
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Number of shares |
50 mln |
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Dividend |
SAR 92.50 mln |
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Percentage of capital |
18.6% (SAR 1.86 per share) |
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Record date |
Shareholders registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the general assembly date |
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Payment date |
To be announced later |
According to data available with Argaam, this is the first time that Al Arabia will distribute cash dividend since it was listed on the Saudi market last November.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 07/03/2022 | 10/05/2022 | 19/05/2022 | 92.50 | 1.68 |
| 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) | More than 100 |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 5.19 |
| Dividend Yield | - |
| Market Cap. (M) | 6,561.51 |
| Return on Average Assets | 0.15 % |
| Return on Average Equity | 1.17 % |
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