Arabian Cement plans 10% dividend for H1 2020

26/07/2020 Argaam Exclusive

Arabian Cement Co.’s board of directors recommended a 10% cash dividend for the first half of 2020, at SAR 1 per share, amounting to SAR 100 million.

 

Dividend Details (H1 2020)

Current Capital

SAR 1 bln

Number of shares

100 mln

Dividend

SAR 100 mln

Percentage of capital

10% (SAR 1 per share)

Record date

August 10, 2020 (including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend)

Payment date

August 26, 2020

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26.70
(0.30) (1.11 %)

Valuation Data (Latest Share Price)

P/E (TTM) 16.55
P/E Before Unusual Items (TTM) 18.57
P/BV 1.06
Dividend Yield 4.35 %
Market Cap. (M) 2,675.00
Return on Average Assets 5.22 %
Return on Average Equity 6.37 %

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