AI Summary
Shareholders of Arabian Cement Co. approved, on April 17, the board’s recommendation on paying a cash dividend at 15% of capital, or SAR 1.5 per share, for the second half of 2021, according to a bourse filing.
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Dividend Details for H2 2021 |
|
|
Current capital |
SAR 1 bln |
|
Number of shares |
100 mln |
|
Dividend |
SAR 150 mln |
|
Percentage of capital |
15% (SAR 1.5 per share) |
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Record date |
April 17, 2022 (Shareholders registered with the Securities Depository Centre (Edaa) by the close of the second trading day following the record date). |
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Payment date |
May 12, 2022 |
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Total Dividend (2021) |
|
|
Total dividend |
SAR 275 mln |
|
Percentage of capital |
27.5% (SAR 2.75 per share) |
Additionally, shareholders approved authorizing the board to pay interim dividends for 2022 on a semi-annual or quarterly basis.
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 28/02/2022 | 17/04/2022 | 12/05/2022 | 150.00 | 1.50 | |
| 16/08/2021 | 18/08/2021 | 06/09/2021 | 125.00 | 1.25 | |
| 01/03/2021 | 11/04/2021 | 02/05/2021 | 125.00 | 1.25 | |
| 26/07/2020 | 10/08/2020 | 26/08/2020 | 100.00 | 1.00 | |
| 02/03/2020 | 19/04/2020 | 07/05/2020 | 100.00 | 1.00 | |
| 04/08/2019 | 05/08/2019 | 29/08/2019 | 75.00 | 0.75 | |
| 03/03/2019 | 07/04/2019 | 25/04/2019 | 100.00 | 1.00 | |
| 19/02/2018 | 08/04/2018 | 26/04/2018 | 100.00 | 1.00 | |
| 25/09/2017 | 03/12/2017 | 19/12/2017 | 200.00 | 2.00 | |
| 09/08/2017 | 10/08/2017 | 27/08/2017 | 100.00 | 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 | 7.20 | 36.70 | 19.62 % |
| Last 5 Financial years | 9.95 | 34.30 | 29.01 % |
| Last 10 Financial years | 29.85 | 40.40 | 73.89 % |
| P/E (TTM) | 15.72 |
| P/E Before Unusual Items (TTM) | 15.72 |
| P/BV | 0.87 |
| Dividend Yield | 5.77 % |
| Market Cap. (M) | 2,214.00 |
| Return on Average Assets | 4.61 % |
| Return on Average Equity | 5.56 % |
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