Southern Cement to vote on 25% cash dividend for H2 2020 on April 11
Shareholders of Southern Province Cement Co. will vote on the board of directors’ proposal for a 25% cash dividend, or SAR 2.5 a share, for H2 2020 during the ordinary general meeting scheduled for April 11, 2021, the company said in a bourse filing.
Shareholders will also vote on authorizing the board to pay interim dividends on a semi-annual basis for FY 2021.Shareholders of Southern Province Cement Co. will vote on the board of directors’ proposal for a 25% cash dividend, or SAR 2.5 a share, for H2 2020 during the ordinary general meeting scheduled for April 11, 2021, the company said in a bourse filing.
Shareholders will also vote on authorizing the board to pay interim dividends on a semi-annual basis for FY 2021.
Dividend Details |
|
Current Capital |
SAR 1.4 bln |
Number of shares |
140 mln shares |
Dividend |
SAR 350 mln |
Percentage of capital |
25% (equivalent to SAR 2.5 per share) |
Record date |
April 11, 2021 (Shareholders Registered in Edaa by the close of the trading day after the record date) |
Payment date |
April 25, 2021 |
|
|
Dividend Details (2020) |
|
Dividend |
SAR 665 mln |
Percentage of capital |
47.5% (equivalent to SAR 4.75 per share) |
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) |
Dividends * | Notes |
03/03/2021 | 11/04/2021 | 25/04/2021 | 350.00 | 2.50 | |
23/07/2020 | 09/08/2020 | 23/08/2020 | 315.00 | 2.25 | |
05/03/2020 | 05/04/2020 | 19/04/2020 | 315.00 | 2.25 | |
05/08/2019 | 30/09/2019 | 06/10/2019 | 175.00 | 1.25 | |
07/03/2019 | 18/04/2019 | 01/05/2019 | 140.00 | 1.00 | |
08/08/2018 | 30/09/2018 | 14/10/2018 | 140.00 | 1.00 | |
07/03/2018 | 17/04/2018 | 29/04/2018 | 70.00 | 0.50 | |
10/07/2017 | 31/07/2017 | 01/10/2017 | 140.00 | 1.00 | |
16/02/2017 | 20/04/2017 | 30/04/2017 | 315.00 | 2.25 | |
25/07/2016 | 25/07/2016 | 04/08/2016 | 350.00 | 2.50 |
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 | 10.25 | 48.38 | 21.19 % |
Last 5 Financial years | 16.50 | 70.00 | 23.57 % |
Last 10 Financial years | 47.75 | 61.75 | 77.33 % |
Comments 0
Valuation Data (Latest Share Price)
P/E (TTM) | 19.107 |
P/E Before Unusual Items (TTM) | 19.496 |
P/BV | 1.38 |
Dividend Yield | 3.48 % |
Market Cap. (M) | 4,662.00 |
Return on Average Assets | 5.92 % |
Return on Average Equity | 6.55 % |
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments Analysis: