Yansab approves 17.5% dividend for H2 2019, elects board members
Yanbu National Petrochemical Co.’s (Yansab) shareholders approved a 17.5% cash dividend for the second half of 2019, at SAR 1.75 per share, amounting to SAR 984.38 million, during the general assembly meeting held on March 15.
Shareholders have also elected members of the board of directors for the upcoming three-year term starting on March 16, 2020.
The new board includes Abdulrahman Abu Bakr (chairman and representative for SABIC), Majid Abdulelah Nur Al Din (vice chairman and representative for SABIC), Faisal M. Al Baher (representative for SABIC), Sameeh Al Sahafi (representative for SABIC), Ibrahim bin Mohamed Al Saif (independent member), Ahmad A. Al Meghames (independent member) and Khalid bin Ibrahim Al Rabiah (independent member).
In addition, shareholders delegated the company’s board of directors to distribute cash dividend for the fiscal year 2020 on a quarterly of semi-annual basis.
Dividend Details (H2 2019) |
|
Current Capital |
SAR 5.625 bln |
Number of shares |
562.5 mln |
Dividend |
SAR 984.38 mln |
Percentage of capital |
17.5% (SAR 1.75 per share) |
Record date |
The second day following general meeting on March 15 (end of day) |
Payment date |
April 1, 2020 |
Dividend Details (FY 2019) |
|
Dividend |
SAR 1.969 bln |
Percentage of capital |
35% (SAR 3.5 per share) |
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
25/12/2019 | 15/03/2020 | 01/04/2020 | 984.38 | 1.75 | |
12/05/2019 | 02/07/2019 | 16/07/2019 | 984.38 | 1.75 | |
20/12/2018 | 04/04/2019 | 18/04/2019 | 1,125.00 | 2.00 | |
27/05/2018 | 02/07/2018 | 16/07/2018 | 984.37 | 1.75 | |
28/12/2017 | 02/04/2018 | 16/04/2018 | 984.37 | 1.75 | |
07/06/2017 | 02/07/2017 | 13/07/2017 | 843.75 | 1.50 | |
22/12/2016 | 14/03/2017 | 28/03/2017 | 843.75 | 1.50 | |
30/05/2016 | 15/06/2016 | 30/06/2016 | 843.75 | 1.50 | |
24/12/2015 | 31/03/2016 | 14/04/2016 | 562.50 | 1.00 | |
09/06/2015 | 25/06/2015 | 13/07/2015 | 562.50 | 1.00 |
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 | 9.75 | 59.00 | 16.53 % |
Last 5 Financial years | 16.00 | 32.45 | 49.31 % |
Last 10 Financial years | 24.00 | 47.80 | 50.21 % |
Most Read
- Non-institutional foreign ownership ex-Aramco up to 9.38% last week
- Aramco plans gradual dividend growth, regular debt issuance: Official
- Jabal Omar sells land plot for SAR 1.1B, gains SAR 818.2M
- LCGPA mulls to expand coverage to private sector, individuals: CEO
- Maaden issues circular on capital hike to acquire Mosaic stake in Wa'ad Al Shamal
Valuation Data (Latest Share Price)
P/E (TTM) | 44.98 |
P/E Before Unusual Items (TTM) | 44.98 |
P/BV | 1.81 |
Dividend Yield | 4.60 % |
Market Cap. (M) | 21,290.63 |
Return on Average Assets | 3.31 % |
Return on Average Equity | 3.92 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}