Thob Al Aseel plans 10% dividend for H1 2020

20/07/2020 Argaam Exclusive

Thob Al Aseel Co.’s board of directors recommended a 10% cash dividend for the first half of 2020, at SAR 1.00 per share, amounting to SAR 30 million.

Dividend Details (H1 2020)

Current Capital

SAR 300 mln

Number of shares

30 mln

Dividend

SAR 30 mln

Percentage of capital

10% (SAR 1 per share)

Record date

Sept. 14, 2020 (including those registered at the Securities Depository Center two days after this date)

Payment date

Within 15 business days from record date

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4.79
(0.11) (2.24 %)

Valuation Data (Latest Share Price)

P/E (TTM) 22.87
P/E Before Unusual Items (TTM) 22.87
P/BV 3.29
Dividend Yield 4.00 %
Market Cap. (M) 1,916.00
Return on Average Assets 12.16 %
Return on Average Equity 14.51 %

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