Herfy shareholders approve 11% dividend for H2 2019

21/04/2020 Argaam Exclusive

Herfy Food Services Co.’s shareholders approved the board’s recommendation to distribute an 11% cash dividend, or SAR 1.1 per share, for the second half of 2019, during the general assembly meeting held on April 20, 2020.

 

Shareholders also authorized the board of directors to distribute interim dividends on a quarterly or biannual basis for the fiscal year 2020.

Dividend Details (H2 2019)

Current Capital

SAR 646.8 mln

Number of shares

64.68 mln

Dividend

SAR 71.15 mln

Percentage of capital

11% (SAR 1.1 per share)

Record date

April 20, 2020 (The second day following this date)

Payment date

To be determined

Dividend Details (FY 2019)

Total dividend

SAR 135.83 mln

Percentage of capital

21% (SAR 2.1 per share)

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28.50
(0.10) (0.35 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 85.14
P/E Before Unusual Items (TTM) 85.14
P/BV 1.78
Dividend Yield 0.00 %
Market Cap. (M) 1,843.38
Return on Average Assets 1.11 %
Return on Average Equity 2.08 %

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