National Gypsum shareholders approve 10% dividend for 2021

29/05/2022 Argaam Exclusive

National Gypsum Co.’s (NGC) shareholders approved the board’s recommendation to pay a cash dividend at 10% of capital, or SAR 1 a share, for 2021, during the ordinary general meeting (OGM) held on May 26, according to a bourse filing.

 

Dividend Details (2021)

Current Capital

SAR 316.7 mln

Number of Shares

31.67 mln

Total Dividend

SAR 31.67 mln

Percentage of Capital

10% (SAR 1 a share)

Record Date

May 26, 2022 (Shareholders of record with the Securities Depository Center Company at the end of the second trading day after the due date)

Payment Date

June 9, 2022

 

Shareholders also approved the election of the following board members for the three-year term starting from the meeting date: Ahmed Al-Thenayan, Fahad Al-Thenayan, Muhammad Al-Awwad, Abdulrahman Al-Mudaimegh, Saud Al-Thenayan, Mansour Al-Ghamdi, Fahad Al Mutairi, and Zaben Al Mutairi.

 

Additionally, they gave the green light for the formation of the audit committee, which includes: Nawaf Khashogji, Abdulrahman Al-Mudaimegh and Saud Al-Thenayan.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
31/03/2022 26/05/2022 09/06/2022 31.67 1.00
30/03/2021 05/05/2021 23/05/2021 19.00 0.60
17/03/2020 15/04/2020 27/04/2020 11.08 0.35
14/03/2019 09/04/2019 24/04/2019 12.67 0.40
14/03/2017 28/05/2017 06/06/2017 15.83 0.50
23/02/2016 10/04/2016 28/04/2016 19.00 0.60
24/02/2015 26/03/2015 25/04/2015 19.00 0.60
23/02/2014 10/04/2014 30/04/2014 25.30 0.80
05/02/2013 01/04/2013 30/04/2013 15.83 0.50
19/01/2012 01/04/2012 30/04/2012 38.00 1.20
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 1.60 13.76 11.63 %
Last 5 Financial years 2.35 12.44 18.89 %
Last 10 Financial years 4.85 26.90 18.03 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

22.04
0.14 0.64 %

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 2.00
Dividend Yield -
Market Cap. (M) 699.83
Return on Average Assets (3.52 %)
Return on Average Equity (3.94 %)

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