Advanced to pay 6.5% cash dividend for Q2 2020

24/06/2020 Argaam Exclusive

Advanced Petrochemical Co.’s (Advanced) board of directors decided, on June 23, to distribute a 6.5% cash dividend for the second quarter of 2020, at SAR 0.65 per share, amounting to SAR 140.7 million.

Dividend Details (Q2 2020)

Current Capital

SAR 2.1647 bln

Number of shares

216.47 mln

Dividend

SAR 140.7 mln

Percentage of capital

6.5% (SAR 0.65 per share)

Record date

June 30, 2020 (Including registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following due date)

Payment date

July 23, 2020

Dividend for H1 2020

Total dividend

SAR 281.4 mln

Percentage of capital

13% (SAR 1.3 per share)

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Valuation Data (Latest Share Price)

P/E (TTM) More than 100
P/E Before Unusual Items (TTM) More than 100
P/BV 2.81
Dividend Yield 0.00 %
Market Cap. (M) 9,022.00
Return on Average Assets 0.43 %
Return on Average Equity 1.61 %

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