Umm Al-Qura Cement to vote on 2.5% cash dividend for H2 2019 on April 6

11/03/2020 Argaam Exclusive

Umm Al-Qura Cement Co.’s shareholders will vote on a board recommendation to distribute a 2.5% cash dividend, or SAR 0.25 a share, amounting to SAR 13.7 million for H2 2019, during the general assembly meeting to be held on April 6, 2020.

 

The company said in a bourse statement that the payment date will be announced later.

 

Moreover, shareholders will vote on the board’s report, financial statements, and auditor’s report for FY2019, apart from the vote to discharge the board members from liability for the same FY.

 

The general assembly will also vote on authorizing the board of directors to distribute dividends on a quarterly or semi-annual basis for FY 2020, in addition to appointing an auditor for FY2020 and Q1 2021.

Dividend Details (H2 2019)

Current Capital

SAR 550 mln

Number of shares

55 mln

Dividend

SAR 13.75 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

6 April 2020

Payment date

To be determined

Dividend Details (FY 2019)

Dividend

SAR 27.5 mln

Percentage of capital

5% (SAR 0.5 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
25/02/2020 06/04/2020 19/04/2020 13.75 0.25
01/08/2019 29/08/2019 16/09/2019 13.75 0.25
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 0.50 18.12 2.76 %
Last 5 Financial years 0.50 37.80 1.32 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

17.88
0.18 1.02 %

Valuation Data (Latest Share Price)

P/E (TTM) 28.96
P/E Before Unusual Items (TTM) 28.96
P/BV 1.22
Dividend Yield 0.00 %
Market Cap. (M) 983.40
Return on Average Assets 2.86 %
Return on Average Equity 4.30 %

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