SIIG board recommends 5% cash dividend for H2 2020

22/12/2020 Argaam Exclusive

Saudi Industrial Investment Group’s (SIIG) board of directors recommended today, Dec. 22, a 5% cash dividend for the second half of 2020, at SAR 0.5 per share, the company said in a bourse statement.

 

Dividend Details (H2 2020)

Current Capital

SAR 4.5 bln

Number of shares

450 mln shares

Dividend

SAR 225 mln

Percentage of capital

5% (equivalent to SAR 0.50 per share)

Record date

Dec. 31, 2020 (Shareholders of record at Edaa on the end of the second trading day following the due date)

Payment date

To be announced later

Total Dividends for FY2020

Dividend

SAR 450 mln

Ratio of capital

10% (equivalent to SAR 1 per share)

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Saudi Industrial Investment Group
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Valuation Data (Latest Share Price)

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Dividend Yield 4.50 %
Market Cap. (M) 13,299.58
Return on Average Assets 1.92 %
Return on Average Equity 1.99 %

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