BinDawood plans 20% dividend for Q2, Q3 2020

10/11/2020 Argaam Exclusive

BinDawood Holding Co.’s board of directors recommended a 20% cash dividend for the second and third quarters of 2020, at SAR 2 per share, amounting to SAR 228.6 million, the company said in a bourse statement.

Dividend Details (Q2 & Q3 2020)

Current Capital

SAR 1.142 bln

Number of shares

114.3 mln

Dividend

SAR 228.6 mln

Percentage of capital

20% (equivalent to SAR 2 per share)

Record date

Nov. 19, 2020 (including those registered at the Securities Depository Center two days after this date)

Payment date

Within 15 working days from eligibility date

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7.54
0.19 2.59 %
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Valuation Data (Latest Share Price)

P/E (TTM) 30.27
P/E Before Unusual Items (TTM) 29.34
P/BV 5.92
Dividend Yield 3.23 %
Market Cap. (M) 8,618.22
Return on Average Assets 5.41 %
Return on Average Equity 19.92 %

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