Arabian Centres board recommends 5% dividend for H1 FY 20/21

30/12/2020 Argaam Exclusive

Arabian Centres Co.’s board of directors recommended a 5% cash dividend, or SAR 0.50 per share, for the first half of FY 2020/21 ended Sept. 30, 2020, totaling SAR 237.5 million.

 

The dividend distribution will be through Saudi British Bank (SABB) branches by direct bank transfer to shareholders bank accounts linked to their portfolios, the company said in a bourse filing today, Dec. 30.

Dividend Details (H1 FY 2020/21)

Current Capital

SAR 4.75 bln

Number of shares

475 mln

H2 2020 Dividend

SAR 237.5 mln

Percentage of capital

5% (SAR 0.50 per share)

Record date

Jan. 4, 2021 (including registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following due date.)

Payment date

Jan. 14, 2021

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19.78
(0.02) (0.10 %)

Valuation Data (Latest Share Price)

P/E (TTM) 6.85
P/E Before Unusual Items (TTM) 13.38
P/BV 0.64
Dividend Yield 7.80 %
Market Cap. (M) 9,395.50
Return on Average Assets 4.83 %
Return on Average Equity 9.67 %

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