Sulaiman Al Habib Group plans 6% cash dividend for Q3 2020

25/10/2020 Argaam Exclusive

Dr. Sulaiman Al Habib Medical Group's (HMG) board of directors recommended distributing a 6% cash dividend, at SAR 0.6 per share, for the third quarter of 2020, according to a bourse filing on Saturday.

Dividend Details (Q3 2020)

Current Capital

SAR 3.5 bln

Number of shares

350 mln

Dividend

SAR 210 mln

Percentage of capital

6% (SAR 0.6 per share)

Record date

Oct. 29, 2020 (Shareholders registered with the Securities Depository Center at the end of the second trading day)

Payment date

Nov. 15, 2020

 

Dividend for 9M 2020

Total dividend

SAR 525 mln

Percentage to capital

15% (SAR 1.5 per share)

HMG was listed and started trading on the Saudi Stock Exchange (Tadawul) on March 17, Argaam earlier reported.

 

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

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Valuation Data (Latest Share Price)

P/E (TTM) 42.44
P/E Before Unusual Items (TTM) 43.57
P/BV 13.52
Dividend Yield 1.52 %
Market Cap. (M) 94,500.00
Return on Average Assets 12.97 %
Return on Average Equity 33.27 %

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