Bank Aljazira shareholders approve 3% cash dividend for H2 2019

16/04/2020 Argaam Exclusive

Bank Aljazira’s shareholders approved the board’s recommendation to distribute a 3% cash dividend, at SAR 0.3 per share, for the second half of 2019, during the ordinary general meeting (OGM) held on April 15, according to a bourse filing today.

 

Shareholders also approved the board’s annual report and the financial statements for the fiscal year ended Dec. 31, 2019.

Dividend Details (H2 2019)

Current Capital

SAR 8.2 bln

Number of shares

820 mln

Dividend

SAR 246 mln

Percentage of capital

3% (SAR 0.3 per share)

Record date

April 15, 2020 (Shareholders registered at the Security Depository Center (Edaa) by the end of the second trading day following the assembly)

Payment date

May 5, 2020

Dividend Details (FY2019)

Dividend

SAR 492 mln

Percentage of capital

6% (SAR 0.6 per share)

Kindly, you can view the full report by subscribing to the and the report contains details, historical information, and charts

16.54
(0.10) (0.60 %)

Valuation Data (Latest Share Price)

P/E (TTM) 13.78
P/E Before Unusual Items (TTM) 14.32
P/BV 1.25
Dividend Yield -
Market Cap. (M) 16,953.50
Return on Average Assets 0.90 %
Return on Average Equity 9.47 %

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