Saudi Basic Industries Corp.’s (SABIC) board of directors recommended a 15% cash dividend (SAR 1.5 per share) for the second half of 2020, amounting to SAR 4.5 billion, the company said in a bourse statement.
|
Dividend Details (H2 2020) |
|
|
Current Capital |
SAR 30 bln |
|
Number of shares |
3 bln |
|
Dividend |
SAR 4.5 bln |
|
Percentage of capital |
15% (SAR 1.5 per share) |
|
Record date |
To be announced later |
|
Payment date |
To be announced later |
|
Total Dividends for 2020 |
|
|
Total Dividend |
SAR 9 bln |
|
Percentage of Capital |
30% (equivalent to SAR 3 share) |
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | More than 100 |
| P/BV | 1.41 |
| Dividend Yield | 4.07 % |
| Market Cap. (M) | 235,500.00 |
| Return on Average Assets | (1.06 %) |
| Return on Average Equity | (1.80 %) |
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