Almarai plans 10% cash dividend for FY2020

15/12/2020 Argaam Exclusive

Almarai Co.’s board of directors recommended a 10% cash dividend for the fiscal year 2020, at SAR 1 per share, amounting to SAR 100 million, the company said in a bourse statement.

Dividend Details (FY2020)

Current Capital

SAR 10 bln

Number of shares

1 bln

Dividend

SAR 1 bln

Percentage of capital

10% (SAR 1 per share)

Record date

End of second trading day following the general assembly meeting

Payment date

To be determined

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52.70
(0.20) (0.38 %)

Valuation Data (Latest Share Price)

P/E (TTM) 23.39
P/E Before Unusual Items (TTM) 23.39
P/BV 2.84
Dividend Yield 1.79 %
Market Cap. (M) 52,700.00
Return on Average Assets 6.32 %
Return on Average Equity 12.50 %

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