Baazeem shareholders approve 16% dividend for FY2019

19/04/2020 Argaam Exclusive

Baazeem Trading Co.’s shareholders approved the board's recommendation on paying cash dividend at 16% of capital, or SAR 1.6 a share, totaling SAR 16.20 million, for FY2019 during the company's ordinary general meeting held on April 16, the company said in a bourse statement.

 Cash Dividend Details (2019)

Current capital

SAR 101.25 mln

Eligible shares

10.13 mln

Cash dividend

SAR 16.20 mln

Percent capital

16% (SAR 1.6/share)

Record date

April 16, 2020 (The second day following this day)

Payment day

To be determined

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7.00
0.20 2.94 %

Valuation Data (Latest Share Price)

P/E (TTM) 31.90
P/E Before Unusual Items (TTM) 31.90
P/BV 3.65
Dividend Yield 2.77 %
Market Cap. (M) 708.75
Return on Average Assets 9.09 %
Return on Average Equity 11.58 %

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