Shareholders of Southern Province Cement Co. approved, on April 12, the board’s recommendation to pay a 12.5% cash dividend, or SAR 1.25 a share, for H2 2021, according to a bourse filing today, April 13.
| Dividend Details (H2 2021) | |
| Current Capital | SAR 1.4 bln | 
| Number of Shares | 140 mln | 
| Total Dividend | SAR 175 mln | 
| Percentage of Capital | 12.5% (SAR 1.25 per share) | 
| Record Date | Shareholders of record on the general meeting day, and those registered with the Securities Depository Center at the end of the second trading day following the due date. | 
| Payment Date | April 24, 2022 | 
| 
 | 
 | 
| Total Dividend (2021) | |
| Total Dividend | SAR 350 mln | 
| Percentage of Capital | 25% (SAR 2.5 per share) | 
They also approved delegating the board of directors to distribute interim dividends on a semi-annual and quarterly basis for 2022.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes | 
| 03/03/2022 | 12/04/2022 | 24/04/2022 | 175.00 | 1.25 | |
| 29/07/2021 | 10/08/2021 | 22/08/2021 | 175.00 | 1.25 | |
| 03/03/2021 | 11/04/2021 | 25/04/2021 | 350.00 | 2.50 | |
| 23/07/2020 | 09/08/2020 | 23/08/2020 | 315.00 | 2.25 | |
| 05/03/2020 | 05/04/2020 | 19/04/2020 | 315.00 | 2.25 | |
| 05/08/2019 | 30/09/2019 | 06/10/2019 | 175.00 | 1.25 | |
| 07/03/2019 | 18/04/2019 | 01/05/2019 | 140.00 | 1.00 | |
| 08/08/2018 | 30/09/2018 | 14/10/2018 | 140.00 | 1.00 | |
| 07/03/2018 | 17/04/2018 | 29/04/2018 | 70.00 | 0.50 | |
| 10/07/2017 | 31/07/2017 | 01/10/2017 | 140.00 | 1.00 | 
| 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 | 8.50 | 64.50 | 13.18 % | 
| Last 5 Financial years | 14.00 | 48.38 | 28.94 % | 
| Last 10 Financial years | 38.25 | 100.00 | 38.25 % | 
| P/E (TTM) | 18.07 | 
| P/E Before Unusual Items (TTM) | 18.53 | 
| P/BV | 1.06 | 
| Dividend Yield | 3.48 % | 
| Market Cap. (M) | 3,500.00 | 
| Return on Average Assets | 4.28 % | 
| Return on Average Equity | 5.87 % | 
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