ARDCO plans 5% dividend for H2 2019

12/03/2020 Argaam Exclusive

Arriyadh Development Co.’s (ARDCO) board of directors recommended a 5% cash dividend for the second half of 2019, at SAR 0.50 per share, amounting to SAR 88.88 million.

Dividend Details (H2 2019)
Current Capital	SAR 1.777 bln
Number of shares	177.78 mln
Dividend	SAR 88.88 mln
Percentage of capital	5% (SAR 0.50 per share)
Record date	The second day following the general assembly meeting
Payment date	To be determined
Dividend Details (FY 2019)
Dividend	SAR 159.99 mln
Percentage of capital	9% (SAR 0.90 per share)

Dividend History (SAR/share) Corporate Actions

Announcement	Ex-Dividend	Payment	Dividends (M Riyal)	Dividends *	Notes
12/03/2020	19/04/2020	06/05/2020	88.89	0.50	H2-2019
17/07/2019	09/09/2019	24/09/2019	71.11	0.40	H1-2019
24/02/2019	02/05/2019	23/05/2019	106.67	0.60	The General Assembly approved 8% cash dividend H2-2018
15/07/2018	29/07/2018	13/08/2018	66.67	0.38	The General Assembly approved 5% cash dividend H1-2018
04/03/2018	16/04/2018	01/05/2018	106.67	0.60	The General Assembly approved 8 % cash dividend for H2-2017
12/07/2017	10/08/2017	24/08/2017	66.67	0.38	The General Assembly approved 5% cash dividend for H1-2017
15/01/2017	05/04/2017	20/04/2017	106.67	0.60	The General Assembly approved 8% cash dividend for H2-2016
31/07/2016	11/08/2016	28/08/2016	66.67	0.38	The General Assembly approved 5% cash dividend for H1-2016
17/01/2016	28/04/2016	25/05/2016	173.33	0.97	The General Assembly approved 13% cash dividend FY-2015
15/01/2015	23/04/2015	21/05/2015	133.33	0.75	The General Assembly approved 10% cash dividend for FY2014

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	2.85	17.15	16.62 %
Last 5 Financial years	4.80	15.24	31.50 %
Last 10 Financial years	8.59	6.72	127.79 %

Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM)	14.80
P/E Before Unusual Items (TTM)	15.36
P/BV	2.15
Dividend Yield	3.55 %
Market Cap. (M)	5,271.18
Return on Average Assets	13.02 %
Return on Average Equity	15.20 %

Twitter

Facebook

Linked in

Comments {{getCommentCount()}}

Be the first to comment

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

Sorry: the validity period has ended to comment on this news

Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

×