Fitaihi plans 2% dividend for H1 2020

11/11/2020 Argaam Exclusive

Fitaihi Holding Group’s board of directors recommended, during a meeting on Nov. 10, 2020, a 2% cash dividend for the first half of 2020, at SAR 0.2 per share, amounting to SAR 11 million.

Dividend Details (H1 2020)

Current Capital

SAR 550 mln

Number of shares

55 mln

Dividend

SAR 11 mln

Percentage of capital

2% (SAR 0.2 per share)

Record date

Nov. 17, 2020 (shareholders registered with the Securities Depository Center (Edaa) second day following the general assembly date)

Payment date

Dec. 7, 2020

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Valuation Data (Latest Share Price)

P/E (TTM) 92.25
P/E Before Unusual Items (TTM) 92.25
P/BV 2.38
Dividend Yield 1.34 %
Market Cap. (M) 1,119.25
Return on Average Assets 2.50 %
Return on Average Equity 2.60 %

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