Al Arabia shareholders to vote on 18.6% cash dividend for 2021 on May 10

10/04/2022 Argaam Exclusive

Shareholders of Arabian Contracting Services Co. (Al Arabia) will vote on the board's recommendation on an 18.6%% cash dividend, or SAR 1.86 per share, for 2021, during the extraordinary general meeting (EGM) that will be held on May 10, according to a bourse filing.
 

Dividend Details (2021)

Current Capital

SAR 500 mln

Number of Shares

50 mln

Dividend

SAR 92.50 mln

Percentage of Capital (%)

18.6% (SAR 1.86 per share)

Record Date

May 10, 2022 (Shareholders registered with the Securities Depository Center by the close of the second trading day following the due date)

Payment Date

May 19, 2022

 

Additionally, shareholders will vote on several business contracts with related parties.

 

The meeting will be held virtually. E-voting on the agenda items will start on May 6 via Tadawualty services.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
07/03/2022 10/05/2022 19/05/2022 92.50 1.85
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 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
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

213.40
(9.80) (4.39 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 32.51
P/E Before Unusual Items (TTM) 32.51
P/BV 8.79
Dividend Yield -
Market Cap. (M) 10,670.00
Return on Average Assets 8.89 %
Return on Average Equity 30.96 %

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