SAIC plans 2.5% dividend for H1 2020

19/08/2020 Argaam Exclusive

Saudi Advanced Industries Co.’s (SAIC) board of directors declared a 2.5% cash dividend for the first half of 2020, at SAR 0.25 per share, amounting to SAR 12.5 million.

Dividend Details (H1 2020)

Current Capital

SAR 500 mln

Number of shares

50 mln shares

Dividend

SAR 12.5 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

August 30, 2020 (including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend)

Payment date

September 16, 2020

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35.35
(0.05) (0.14 %)

Valuation Data (Latest Share Price)

P/E (TTM) 6.60
P/E Before Unusual Items (TTM) 6.52
P/BV 1.74
Dividend Yield 3.43 %
Market Cap. (M) 2,121.00
Return on Average Assets 27.32 %
Return on Average Equity 29.44 %

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