Saudi Basic Industries Corp.’s (SABIC) board of directors recommended a 15% cash dividend (SAR 1.5 per share) for the second half of 2020, amounting to SAR 4.5 billion, the company said in a bourse statement.
Dividend Details (H2 2020) |
|
Current Capital |
SAR 30 bln |
Number of shares |
3 bln |
Dividend |
SAR 4.5 bln |
Percentage of capital |
15% (SAR 1.5 per share) |
Record date |
To be announced later |
Payment date |
To be announced later |
Total Dividends for 2020 |
|
Total Dividend |
SAR 9 bln |
Percentage of Capital |
30% (equivalent to SAR 3 share) |
P/E (TTM) | NEG |
P/E Before Unusual Items (TTM) | 72.27 |
P/BV | 1.37 |
Dividend Yield | 4.07 % |
Market Cap. (M) | 223,800.00 |
Return on Average Assets | (0.74 %) |
Return on Average Equity | (1.28 %) |
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