Petrochem recommends 5% cash dividend for FY2019

05/03/2020 Argaam Exclusive

The board of directors of National Petrochemical Co. (Petrochem) recommended on Thursday a 5% cash dividend for the fiscal year 2019, at SAR 0.50 per share, amounting to SAR 240 million, the company said in a bourse statement.

 

Dividend Details (FY 2019)

Current Capital

SAR 4.8 bln

Number of shares

480 mln

Dividend

SAR 240 mln

Percentage of capital

5% (SAR 0.50 per share)

Record date

Second trading day following the general assembly meeting, which will be decided later

Payment date

To be determined

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
05/03/2020 16/04/2020 28/04/2020 240.00 0.50
26/02/2019 07/04/2019 16/04/2019 240.00 0.50
08/03/2018 16/04/2018 29/04/2018 240.00 0.50
13/03/2017 17/04/2017 27/04/2017 240.00 0.50
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 1.50 20.87 7.19 %
Last 5 Financial years 2.00 22.43 8.92 %
Last 10 Financial years 2.00 15.55 12.86 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

45.45
(0.60) (1.30 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 15.96
P/E Before Unusual Items (TTM) 15.96
P/BV 2.39
Dividend Yield -
Market Cap. (M) 21,816.00
Return on Average Assets 15.26 %
Return on Average Equity 15.85 %

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