Saudi Cement plans 15% dividend for H1 2020

10/06/2020 Argaam Exclusive

Saudi Cement Co.’s board of directors recommended a 15% cash dividend for the first half of 2020, at SAR 1.50 per share, amounting to SAR 229.5 million.

Dividend Details (H1 2020)

Current capital

SAR 1.53 bln

Number of shares

153 mln

Dividend

SAR 229.5 mln

Percentage of capital

15% (SAR 1.5/share)

Record date

June 15, 2020 (including those registered at the Securities Depository Center two days after this date)

Payment day

June 25, 2020

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Saudi Cement Co.
41.55
0.10 0.24 %

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Valuation Data (Latest Share Price)

P/E (TTM) 15.69
P/E Before Unusual Items (TTM) 15.69
P/BV 3.00
Dividend Yield 4.75 %
Market Cap. (M) 6,357.15
Return on Average Assets 12.54 %
Return on Average Equity 19.34 %

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