Advanced board recommends 6.5% dividend for Q4 2020

22/12/2020 Argaam Exclusive

Advanced Petrochemical Co.’s (Advanced) board of directors recommended, on Dec. 21, a 6.5% cash dividend for the fourth quarter of 2020, at SAR 0.65 per share, amounting to SAR 140.7 million. 

Dividend Details (Q4 2020)

Current Capital

SAR 2.1647 bln

Number of shares

216.47 mln

Dividend

SAR 140.7 mln

Percentage of capital

6.5% (SAR 0.65 per share)

Record date

Registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following the general assembly meeting date

Payment date

To be determined

 

Dividend for FY2020

Total dividend

SAR 562.8 mln

Percentage of capital

26% (SAR 2.60 per share)

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34.10
(0.65) (1.87 %)

Valuation Data (Latest Share Price)

P/E (TTM) More than 100
P/E Before Unusual Items (TTM) More than 100
P/BV 2.76
Dividend Yield 0.00 %
Market Cap. (M) 8,866.00
Return on Average Assets 0.43 %
Return on Average Equity 1.61 %

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