Al Hammadi board recommends 5% cash dividend for 2020

28/03/2021 Argaam Exclusive

Al Hammadi Company for Development and Investment announced that its board of directors recommended, on March 25, 2021, a 5% cash dividend, or SAR 0.5 a share, for 2020, according to a bourse statement.

 

Dividend Details for 2020

Current Capital

SAR 1.2 bln

Number of shares

120 mln

Dividend

SAR 60 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

Shareholders of record on the general meeting date (including registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following the general meeting date, which will be announced later after obtaining the approval of the competent authorities)

Payment date

To be announced after the general meeting

 

According to the data available with Argaam, the company did not distribute dividends for 2018 and 2019, and the last dividends were for 2017.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
28/03/2021 19/05/2021 31/05/2021 60.00 0.38
11/12/2017 26/12/2017 02/01/2018 90.00 0.56
24/02/2016 29/05/2016 31/08/2016 90.00 0.56
19/01/2015 15/04/2015 06/05/2015 75.00 0.47
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 0.38 27.69 1.35 %
Last 5 Financial years 0.94 36.67 2.56 %
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

53.10
(0.20) (0.38 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 28.01
P/E Before Unusual Items (TTM) 28.62
P/BV 4.61
Dividend Yield 2.36 %
Market Cap. (M) 8,496.00
Return on Average Assets 11.95 %
Return on Average Equity 17.06 %

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