Almarai approves 10% cash dividend for 2020
Almarai Co.’s shareholders approved the board recommendation to pay cash dividend at 10% of capital, or SAR 1 per share for 2020, during the extraordinary general meeting (EGM) held on April 13, 2021, the company said in a bourse filing.
Dividend Details (2020) |
|
Current Capital |
SAR 10 bln |
Number of shares |
1 bln |
Dividend |
SAR 1 bln |
Percentage of capital |
10% (SAR 1 per share) |
Record date |
April 13, 2021 (Shareholders of record at the end of the second trading day following the due date) |
Payment date |
April 21, 2021 |
Shareholders also approved purchasing up to 10 million shares, to be allocated within the Employee Stock Ownership Plan (ESOP), which will be financed by the company’s own resources.
The board of directors was authorized to complete the purchase in one or several tranches over a maximum period of 12 months from the date of EGM.
Dividend History (SAR/share) Corporate Actions
Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
15/12/2020 | 13/04/2021 | 21/04/2021 | 1,000.00 | 1.00 | |
09/12/2019 | 05/04/2020 | 13/04/2020 | 850.00 | 0.85 | |
10/12/2018 | 07/04/2019 | 15/04/2019 | 850.00 | 0.85 | |
11/12/2017 | 09/04/2018 | 17/04/2018 | 750.00 | 0.75 | |
06/12/2016 | 26/03/2017 | 04/04/2017 | 720.00 | 0.72 | |
14/12/2015 | 03/04/2016 | 12/04/2016 | 690.00 | 0.69 | |
28/12/2014 | 05/04/2015 | 12/04/2015 | 600.00 | 0.60 | |
29/12/2013 | 02/04/2014 | 09/04/2014 | 600.00 | 0.60 | |
19/01/2013 | 02/04/2013 | 10/04/2013 | 500.00 | 0.50 | |
07/12/2011 | 02/04/2012 | 11/04/2012 | 517.50 | 0.52 |
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 | 2.70 | 53.62 | 5.04 % |
Last 5 Financial years | 4.17 | 47.54 | 8.77 % |
Last 10 Financial years | 7.08 | 25.81 | 27.42 % |
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Valuation Data (Latest Share Price)
P/E (TTM) | 24.54 |
P/E Before Unusual Items (TTM) | 24.54 |
P/BV | 2.98 |
Dividend Yield | 1.79 % |
Market Cap. (M) | 55,300.00 |
Return on Average Assets | 6.32 % |
Return on Average Equity | 12.50 % |
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