BinDawood plans 20% dividend for Q2, Q3 2020

10/11/2020 Argaam Exclusive

BinDawood Holding Co.’s board of directors recommended a 20% cash dividend for the second and third quarters of 2020, at SAR 2 per share, amounting to SAR 228.6 million, the company said in a bourse statement.

Dividend Details (Q2 & Q3 2020)

Current Capital

SAR 1.142 bln

Number of shares

114.3 mln

Dividend

SAR 228.6 mln

Percentage of capital

20% (equivalent to SAR 2 per share)

Record date

Nov. 19, 2020 (including those registered at the Securities Depository Center two days after this date)

Payment date

Within 15 working days from eligibility date

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6.84
0.07 1.03 %

Valuation Data (Latest Share Price)

P/E (TTM) 27.29
P/E Before Unusual Items (TTM) 27.29
P/BV 5.43
Dividend Yield 3.23 %
Market Cap. (M) 7,818.12
Return on Average Assets 5.64 %
Return on Average Equity 20.25 %

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