Al-Babtain plans 10% dividend for FY2020

31/12/2020 Argaam Exclusive

Al-Babtain Power and Telecommunication Co.’s board of directors recommended a 10% cash dividend for the fiscal year 2020, at SAR 1 per share, amounting to SAR 42.63 million, the company said in a bourse statement.

Dividend Details (FY2020)

Current Capital

SAR 426.3 mln

Number of shares

42.63 mln

Dividend

SAR 42.63 mln

Percentage of capital

10% (SAR 1 per share)

Record date

Jan. 21, 2021 (including those registered at the Securities Depository Center two days after this date)

Payment date

To be determined

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Valuation Data (Latest Share Price)

P/E (TTM) 10.62
P/E Before Unusual Items (TTM) 11.19
P/BV 2.33
Dividend Yield 3.64 %
Market Cap. (M) 2,378.94
Return on Average Assets 7.73 %
Return on Average Equity 23.05 %

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