Arabian Cement plans 10% cash dividend for H2 2019

02/03/2020 Argaam Exclusive

Arabian Cement Co.’s board of directors recommended a 10% cash dividend for the second half of 2019, at SAR 1 per share, amounting to SAR 100 million, the company said in a bourse statement on Monday.

Dividend Details (H2 2019)

Current Capital

SAR 1 bln

Number of shares

100 mln

Dividend

SAR 100 mln

Percentage of capital

10% (SAR 1 per share)

Record date

End of second trading day following the general assembly meeting

Payment date

To be determined

 

Dividend of 2019

Total distributed dividends

SAR 175 mln

Dividends to capital

17.5% (SAR 1.75 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
02/03/2020 19/04/2020 07/05/2020 100.00 1.00
04/08/2019 05/08/2019 29/08/2019 75.00 0.75
03/03/2019 07/04/2019 25/04/2019 100.00 1.00
19/02/2018 08/04/2018 26/04/2018 100.00 1.00
25/09/2017 03/12/2017 19/12/2017 200.00 2.00
09/08/2017 10/08/2017 27/08/2017 100.00 1.00
20/02/2017 18/04/2017 04/05/2017 200.00 2.00
18/07/2016 21/07/2016 25/08/2016 200.00 2.00
15/02/2016 28/04/2016 12/05/2016 250.00 2.50
09/07/2015 15/07/2015 20/08/2015 200.00 2.00
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 6.75 45.26 14.91 %
Last 5 Financial years 15.25 79.16 19.26 %
Last 10 Financial years 28.25 35.20 80.26 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

24.88
(0.32) (1.27 %)

Valuation Data (Latest Share Price)

P/E (TTM) 15.39
P/E Before Unusual Items (TTM) 17.27
P/BV 0.98
Dividend Yield 4.35 %
Market Cap. (M) 2,488.00
Return on Average Assets 5.22 %
Return on Average Equity 6.37 %

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