SAFCO board recommends 10% dividend for H1 2020

14/05/2020 Argaam Exclusive

Saudi Arabia Fertilizers Co.’s (SAFCO) board of directors recommended a 10% cash dividend for the first half of 2020, the company said in a bourse filing on Thursday.

Dividend Details (H1 2020)

Current Capital

SAR 4.1667 bln

Number of shares

416.7 mln

Dividend

SAR 416.7 mln

Percentage of capital

10% (SAR 1 per share)

Record date

June 21, 2020 (Including registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following due date)

Payment date

July 5, 2020

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112.00
1.20 1.08 %

Valuation Data (Latest Share Price)

P/E (TTM) 15.91
P/E Before Unusual Items (TTM) 15.31
P/BV 2.86
Dividend Yield 4.34 %
Market Cap. (M) 53,316.48
Return on Average Assets 13.71 %
Return on Average Equity 18.53 %

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