Dallah plans 20% bonus issue, approves 7% dividend for H2 2019
Dallah Healthcare Co.’s board of directors recommended a 20% capital hike to SAR 900 million from SAR 750 million through issuance of 1 bonus share for every 5 shares held.
The capital hike will be financed through capitalizing statutory reserve and issue premium by SAR 150 million, the company said in a bourse statement.
Meanwhile, the board approved a 7% cash dividend, or SAR 0.7 per share, for H2 2019.
The bonus issue is pending approval from the competent regulatory authorities and the company’s general assembly, the statement added.
Details of Capital Hike |
|
Current Capital |
SAR 750 mln |
Number of shares |
75 mln shares |
Increase percentage |
20% |
New Capital |
SAR 900 mln |
Number of shares after capital hike |
SAR 90 mln |
Record date |
Shareholders registered in Edaa by the end of the second trading day following the general assembly |
Capital hike purpose |
Support future investments and expansions |
Dividend Details |
|
Current Capital |
SAR 750 mln |
Number of shares |
75 mln |
Dividend |
SAR 52.50 mln |
Percentage of capital |
7% (SAR 0.70 per share) |
Record date |
Mar. 22 |
Payment date |
Apr. 5 |
Dividend Details (FY19) |
|
Total dividend |
SAR 90 mln |
Percentage of capital (%) |
12% (SAR 1.20 per share) |
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
27/02/2020 | 22/03/2020 | 05/04/2020 | 52.50 | 0.58 | |
12/11/2019 | 28/11/2019 | 05/12/2019 | 37.50 | 0.42 | |
13/12/2018 | 20/12/2018 | 06/01/2019 | 88.50 | 0.98 | |
13/12/2017 | 22/05/2018 | 11/06/2018 | 147.50 | 1.64 | |
23/02/2017 | 26/04/2017 | 08/05/2017 | 118.00 | 1.31 | |
21/01/2016 | 02/05/2016 | 31/05/2016 | 88.50 | 0.98 | |
19/02/2015 | 29/04/2015 | 08/06/2015 | 47.20 | 0.52 | |
19/02/2014 | 30/04/2014 | 06/06/2014 | 70.80 | 0.79 | |
21/01/2013 | 21/04/2013 | 18/05/2013 | 70.80 | 0.79 |
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 | 3.62 | 62.47 | 5.80 % |
Last 5 Financial years | 5.92 | 67.84 | 8.72 % |
Last 10 Financial years | N/A | N/A | N/A |
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Valuation Data (Latest Share Price)
P/E (TTM) | 31.44 |
P/E Before Unusual Items (TTM) | 31.44 |
P/BV | 4.34 |
Dividend Yield | 1.16 % |
Market Cap. (M) | 14,808.29 |
Return on Average Assets | 7.53 % |
Return on Average Equity | 14.26 % |
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