Bawan board recommends 4% dividend for H1 2020

25/10/2020 Argaam Exclusive

Bawan Co.’s board of directors recommended today, Oct. 25, a 4% cash dividend, at SAR 0.40 per share, for the first half of 2020, according to a bourse filing.

 

Dividend Details (H1 2020)

Current Capital

SAR 600 mln

Number of shares

60 mln

Dividend

SAR 24 mln

Percentage of capital

4% (SAR 0.40 per share)

Record date

Nov. 10, 2020 (Shareholders registered with the Securities Depository Center at the end of the second trading day)

Payment date

Nov. 25, 2020

 

The last cash dividend distributed by the company was in the second half of 2017 at SAR 0.4 a share, according to data compiled by Argaam.

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44.45
(0.20) (0.45 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 20.41
P/E Before Unusual Items (TTM) 21.70
P/BV 2.97
Dividend Yield 3.29 %
Market Cap. (M) 2,667.00
Return on Average Assets 5.75 %
Return on Average Equity 14.87 %

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