Najran Cement’s board recommends 2.5% cash dividend for H2 2021

16/03/2022 Argaam Exclusive

Najran Cement Co. board of directors recommended today, March 16, paying a cash dividend at 2.50% of capital, or SAR 0.25 a share, for the second half of 2021, according to a bourse filing.  

 

Dividend Details (H2 2021)

Current Capital

SAR 1.7 bln 

Number of Shares

170 mln

Total Dividend

SAR 42.5 mln 

Percentage of Capital

2.5% (SAR 0.25 a share) 

Record Date

Shareholders of record on the day of the general meeting and those registered with the Securities Depository Center by the end of the second trading day after the general meeting date, which will be announced later. 

Payment Date

To be determined later 

 

Total Dividend for 2021 

Total Dividend 

SAR 170 mln 

Percentage of Capital 

10% (SAR 1 a share)  

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
16/03/2022 13/04/2022 24/04/2022 42.50 0.25
22/09/2021 03/10/2021 17/10/2021 127.50 0.75
28/02/2021 31/03/2021 13/04/2021 127.50 0.75
24/09/2020 01/10/2020 15/10/2020 127.50 0.75
11/05/2016 19/05/2016 09/06/2016 102.00 0.60
29/12/2015 29/03/2016 21/04/2016 85.00 0.50
10/08/2015 20/08/2015 10/09/2015 85.00 0.50
11/12/2014 30/03/2015 30/04/2015 102.00 0.60
21/07/2013 22/07/2013 01/08/2013 102.00 0.60
03/02/2013 18/03/2013 02/04/2013 93.50 0.55
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

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 3.00 12.10 24.79 %
Last 5 Financial years 3.00 10.57 28.38 %
Last 10 Financial years 5.80 18.90 30.69 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

9.82
0.01 0.10 %
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Valuation Data (Latest Share Price)

P/E (TTM) 26.92
P/E Before Unusual Items (TTM) 26.92
P/BV 0.83
Dividend Yield 0.00 %
Market Cap. (M) 1,669.40
Return on Average Assets 2.48 %
Return on Average Equity 3.08 %

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