Arabian Internet and Communications Services Co.’s (solutions) shareholders will vote on the board of directors’ recommendation to pay a cash dividend at 40% of capital, or SAR 4 a share, for 2021, during the extraordinary general meeting (EGM) slated for May 29, according to a bourse filing.
The e-voting on the agenda items will start on May 25, the statement added.
| Dividend Details | |
| Current Capital | SAR 1.2 bln | 
| Number of Shares* | 120 mln | 
| Total Dividend | SAR 475.20 mln | 
| Percentage of Capital | 40% (SAR 4 a share) | 
| Record Date | May 29, 2022 (Shareholders of record on the second trading day after the record date) | 
| Payment Date | To be determined later | 
* The number of shares eligible for distribution is 118.8 million
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes | 
| 15/02/2022 | 29/05/2022 | 15/06/2022 | 475.20 | 4.00 | 
| 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 | 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) | 19.49 | 
| P/E Before Unusual Items (TTM) | 19.49 | 
| P/BV | 7.57 | 
| Dividend Yield | 3.67 % | 
| Market Cap. (M) | 30,216.03 | 
| Return on Average Assets | 14.09 % | 
| Return on Average Equity | 40.40 % | 
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