Sulaiman Al Habib Group plans 4% cash dividend for Q2 2020

16/08/2020 Argaam Exclusive

Dr. Sulaiman Al Habib Medical Group's (HMG) board of directors recommended distributing a 4% cash dividend, at SAR 0.4 per share, for the second quarter of 2020, according to a bourse filing on Saturday

Dividend Details (Q2 2020)

Current Capital

SAR 3.5 bln

Number of shares

350 mln

Dividend

SAR 140 mln

Percentage of capital

4% (SAR 0.4 per share)

Record date

Aug. 20, 2020 (Shareholders registered with the Securities Depository Center at the end of the second trading day)

Payment date

Sept. 06, 2020

 

Dividend of H1 2020

Total distributed dividends

SAR 315 mln

Dividends to capital

9% (SAR 0.9 per share)

Dr Sulaiman Al Habib Medical Group was listed and started trading on the Saudi Stock Exchange (Tadawul) on March 17, Argaam earlier reported.

 

This is the second dividend distribution by the company since its inclusion in the main market.

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Valuation Data (Latest Share Price)

P/E (TTM) 42.13
P/E Before Unusual Items (TTM) 43.25
P/BV 13.42
Dividend Yield 1.52 %
Market Cap. (M) 93,800.00
Return on Average Assets 12.97 %
Return on Average Equity 33.27 %

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