Yamama Cement approves 5% cash dividend for FY2019

07/04/2020 Argaam Exclusive

Yamama Cement Co.’s shareholders approved a 5% cash dividend for the fiscal year (FY) 2019, at SAR 0.5 per share, during the general assembly meeting held on April 6, 2020.

 

The cement producer’s last dividend distributed was in 2016, according to data compiled by Argaam.

Dividend (FY 2019)

Current Capital

SAR 2.025 bln

Number of shares

202.5 mln

Dividend

SAR 101.25 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

April 6, 2020

Payment date

April 20, 2020

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33.50
(0.10) (0.30 %)

Valuation Data (Latest Share Price)

P/E (TTM) 19.39
P/E Before Unusual Items (TTM) 20.42
P/BV 1.41
Dividend Yield 2.93 %
Market Cap. (M) 6,793.88
Return on Average Assets 5.19 %
Return on Average Equity 7.35 %

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