-
Bank Ranking
Banks Ratios
Cement Statistics
Cement Ranking
Cement Ratios
Monetary and Economic Statistics
Oil, Gas and Fuel
Macro Economy
Consumer Spending
Inflation
Exports & Imports
Food Prices
Non Food Prices
Construction Materials
Petrochem. Ranking
Petrochem. Ratios
Retail Rankings
Retail Ratios
Grocery Ranking
Grocery Ratios
Top Growth
Dividend History
SARCO shareholders approve 7.5% cash dividend for 2020, refuse discharging board from liabilities
Saudi Arabia Refineries Co.'s (SARCO) shareholders approved the board of directors’ recommendation for the distribution of cash dividend at SAR 0.75 per share, or 7.5% of capital, for 2020, during the ordinary general assembly meeting (OGM) held on April 21, 2021.
|
Dividend Details |
|
|
Current Capital |
SAR 150 mln |
|
Number of shares |
15 mln shares |
|
Dividend |
SAR 11.25 mln |
|
Percentage of capital |
7.5 % (SAR 0.75 per share) |
|
Eligibility |
April 21, 2021 and shareholders registered in the shareholders’ register with the Securities Depository Center Co. (Edaa) at the end of the second day after this date. |
|
Payment date |
May 10, 2021 |
Meanwhile, shareholders elected members of the board of directors for the upcoming three-year term starting on May 1, 2021.
The new board includes Iyad bin Muhammad Haider Sheikh, Yasser Al-Aqeel, Ali bin Saleh Khabiti, Hattan bin Hamid Al-Shanbari, Sulaiman bin Saad Al-Humaid, Maqid bin Ibrahim Al-Otaibi, Prince Mohammed bin Khaled bin Turki and Fahad bin Abdulrahman Al-Makeal.
Shareholders refused to approve audited financial statements, and board and audit reports for 2020, as well as discharging board members from liabilities.
Dividend History (SAR/share) Corporate Actions
| Announcement | Ex-Dividend | Payment | Dividends (M Riyal) | Dividends * | Notes |
| 04/03/2021 | 21/04/2021 | 10/05/2021 | 11.25 | 0.75 | |
| 11/03/2020 | 21/04/2020 | 10/05/2020 | 15.00 | 1.00 | |
| 07/03/2019 | 24/04/2019 | 08/05/2019 | 11.25 | 0.75 | |
| 01/03/2018 | 24/04/2018 | 08/05/2018 | 7.50 | 0.50 | |
| 23/02/2016 | 27/04/2016 | 19/05/2016 | 7.50 | 0.50 | |
| 23/02/2015 | 28/04/2015 | 19/05/2015 | 10.50 | 0.70 | |
| 19/02/2014 | 28/04/2014 | 19/05/2014 | 9.00 | 0.60 | |
| 19/02/2013 | 01/05/2013 | 22/05/2013 | 7.50 | 0.50 | |
| 13/02/2012 | 15/04/2012 | 12/05/2012 | 7.50 | 0.50 | |
| 15/02/2011 | 30/03/2011 | 03/05/2011 | 7.50 | 0.50 |
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 | 2.25 | 42.30 | 5.32 % |
| Last 5 Financial years | 3.50 | 40.13 | 8.72 % |
| Last 10 Financial years | 5.80 | 77.25 | 7.51 % |
Most Read
- ITMAM Consulting issues prospectus for IPO on Nomu
- CMA nods to United Carton Industries’ public offering
- Saudi private investment fund assets exceed SAR 500B in Q3 2024
- Cabinet approves standard incentives for industrial sector
- Saudi pharma industry capacity surpasses local demand, targets regional role: Alkhorayef
Valuation Data (Latest Share Price)
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 2.85 |
| Dividend Yield | 0.00 % |
| Market Cap. (M) | 1,083.00 |
| Return on Average Assets | (2.83 %) |
| Return on Average Equity | (2.88 %) |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}