Maharah plans 22.5% dividend for H1 2020

02/09/2020 Argaam Exclusive

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Maharah Human Resources Co.’s board of directors recommended a 22.5% cash dividend for the first half of 2020, at 22.5% or SAR 2.25 per share, amounting to SAR 84.38 million.

Dividend Details (H1 2020)

Current Capital

SAR 375 mln

Number of shares

37.5 mln

Dividend

SAR 84.38 mln

Percentage of capital

22.5% (SAR 2.25 per share)

Record date

Sept. 6, 2020 (including those registered at the Securities Depository Center two days after this date)

Payment date

Sept. 22, 2020

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Valuation Data (Latest Share Price)

P/E (TTM) 21.57
P/E Before Unusual Items (TTM) 21.57
P/BV 4.40
Dividend Yield 2.31 %
Market Cap. (M) 2,750.25
Return on Average Assets 7.10 %
Return on Average Equity 10.75 %
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