Mouwasat shareholders to vote on 20% dividend for FY19 on April 22

24/03/2020 Argaam Exclusive

Mouwasat Medical Services Co.’s shareholders will vote on April 22 on the board’s recommendation to distribute a 20% cash dividend, or SAR 2 per share, for the fiscal year 2019, the firm said in a statement to Tadawul.

 

Dividend Details (2019)

Current Capital

SAR 1 bln

Number of shares

100 mln

Dividend

SAR 200 mln

Percentage of capital

20% (SAR 2 per share)

Record date

April 22

Payment date

To be determined

 

The general assembly will also vote on the financial results and auditors report for FY 2019.

 

Shareholders will also vote on hiring an auditor, discharging board members from liabilities during FY19, in addition to a board remuneration of SAR 3.15 million for the previous fiscal year.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
16/03/2020 22/04/2020 06/05/2020 200.00 1.00
25/02/2019 22/04/2019 05/05/2019 175.00 0.88
29/01/2018 02/05/2018 14/05/2018 150.00 0.75
23/01/2017 24/04/2017 07/05/2017 125.00 0.63
25/01/2016 04/04/2016 25/04/2016 100.00 0.50
27/01/2015 01/04/2015 20/04/2015 100.00 0.50
16/12/2013 02/04/2014 20/04/2014 100.00 0.50
17/12/2012 02/04/2013 20/04/2013 75.00 0.38
16/01/2012 02/04/2012 21/04/2012 75.00 0.38
17/01/2011 28/03/2011 16/04/2011 50.00 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 2.63 37.00 7.09 %
Last 5 Financial years 3.75 31.00 12.10 %
Last 10 Financial years 5.75 7.60 75.71 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 26.44
P/E Before Unusual Items (TTM) 26.44
P/BV 4.93
Dividend Yield 1.57 %
Market Cap. (M) 17,400.00
Return on Average Assets 12.95 %
Return on Average Equity 19.85 %

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