Saudi Cement Co.'s board of directors, in a meeting today, Feb. 3, recommended the distribution of cash dividends at SAR 2 per share, or 20% of capital, for the second half of 2020, according to a bourse filing.
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Dividend Details (H2 2020) |
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Current Capital |
SAR 1.53 bln |
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Number of shares |
153 mln shares |
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Dividend |
SAR 306 mln |
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Percentage of capital |
2% (equivalent to SAR 2 per share) |
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Record date |
Shareholders registered at the Securities Depository Center Company (Edaa) by the end of the second trading day following the day of the general assembly. |
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Payment date |
To be announced later |
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Dividend Details (2020) |
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Dividend |
SAR 535.5 mln |
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Percentage of capital |
35% (equivalent to SAR 3.5 per share) |
| P/E (TTM) | 18.21 |
| P/E Before Unusual Items (TTM) | 18.21 |
| P/BV | 2.97 |
| Dividend Yield | 4.75 % |
| Market Cap. (M) | 6,754.95 |
| Return on Average Assets | 11.33 % |
| Return on Average Equity | 15.82 % |
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