Halwani to vote on 10% dividend for FY2019 on May 14

12/04/2020 Argaam Exclusive

Halwani Bros Co. shareholders are set to vote on a 10% cash dividend at SAR 1 a share, for the fiscal year 2019, during the general assembly meeting that will be held on May 14, 2020.

 

Shareholders will also vote on audited financial statements and audit report for FY2019 as well as the board report for the same period.

 

In addition, they will vote on discharging members of the board of directors from liabilities during FY 2019.

 

During the meeting, they will also vote on appointing an external auditor to audit the company’s financial statements for Q2, Q3 and Q4 2020 as well as Q1 2021 and FY 2020.

Meanwhile, they will vote on related party transactions.

 

Dividend Details (2019)

Current Capital

SAR 314.29 mln

Number of shares

31.43 mln

Dividend

SAR 31.43 mln

Percentage of capital

10% (SAR 1 per share)

Record date

May 14, 2020 (including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend)

Payment date

To be determined

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53.50
0.00 0.00 %

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 6.93
Dividend Yield -
Market Cap. (M) 1,895.30
Return on Average Assets (0.14 %)
Return on Average Equity (0.38 %)

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