Petrochem board recommends 7.5% cash dividend for 2020

09/03/2021 Argaam Exclusive

National Petrochemical Co.'s (Petrochem) board of directors recommended a 7.5 % cash dividend, at SAR 0.75 per share, for 2020.

 

The general meeting date will be announced later after obtaining the approval of the competent authorities, the company said in a bourse filing.

 

Dividend Details

Current Capital

SAR 4.8 bln

Number of shares

480 mln

Dividend

SAR 360 mln

Percentage of capital

7.5% (equivalent to SAR 0.75 per share)

Record date

Shareholders owning shares at the end of the trading day of the general meeting and registered in shareholders’ register with the Securities Depository Center Co. (Edaa) at the end of the second day

Payment date

To be announced later

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National Petrochemical Co.
45.45
(0.60) (1.30 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 15.96
P/E Before Unusual Items (TTM) 15.96
P/BV 2.39
Dividend Yield -
Market Cap. (M) 21,816.00
Return on Average Assets 15.26 %
Return on Average Equity 15.85 %

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