NCB plans 12% dividend for H2 2019

26/12/2019 Argaam Exclusive

National Commercial Bank’s (NCB) board of directors recommended a 12% cash dividend for the second half of 2019, at SAR 1.2 per share, amounting to SAR 3.6 billion.

Dividend Details (H2 2019)

Current Capital

SAR 30 bln

Number of shares

 3 bln

Dividend

SAR 3.6 bln

Percentage of capital

12% (SAR 1.2 per share after Zakat)

Record date

General assembly meeting

Payment date

To be determined

Total Dividend (FY 2019)

Dividend

SAR 6.9 bln

Percentage of capital

23% (SAR 2.3 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
26/12/2019 31/03/2020 09/04/2020 3,600.00 0.90
29/07/2019 01/08/2019 21/08/2019 3,300.00 0.82
23/12/2018 10/04/2019 24/04/2019 3,288.35 0.82
30/07/2018 02/08/2018 12/08/2018 2,989.41 0.74
31/12/2017 15/05/2018 29/05/2018 1,196.88 0.30
15/06/2017 18/06/2017 06/07/2017 2,196.59 0.55
29/01/2017 07/05/2017 14/05/2017 1,996.90 0.50
27/07/2016 02/08/2016 17/08/2016 1,200.00 0.30
24/12/2015 05/04/2016 20/04/2016 1,496.00 0.37
09/07/2015 13/07/2015 30/07/2015 1,596.00 0.40
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

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 4.12 21.28 19.34 %
Last 5 Financial years 5.68 27.85 20.39 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

35.50
(0.20) (0.56 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 10.64
P/E Before Unusual Items (TTM) 10.64
P/BV 1.29
Dividend Yield 4.53 %
Market Cap. (M) 213,000.00
Return on Average Assets 1.96 %
Return on Average Equity 12.58 %

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