Savola recommends 7.5% cash dividend for 2020

27/01/2021 Argaam Exclusive

Savola Group's board of directors recommended today, Jan. 27, a 7.5% cash dividend, or SAR 0.75 per share, for 2020, according to a bourse statement.

 

The recommendation is pending the approval of the general meeting, date for which will be set after obtaining the regulatory approval.

Dividend (2020)

Current Capital

SAR 5.34 bln

Number of shares

534 mln

Dividend

SAR 400.49 mln

Percentage of capital

7.5% (SAR 0.75 per share)

Record date

Shareholders of record at the end of trading of the second day following the general meeting date

Payment date

To be determined

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Savola Group
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Valuation Data (Latest Share Price)

P/E (TTM) 30.07
P/E Before Unusual Items (TTM) 34.60
P/BV 3.04
Dividend Yield 0.00 %
Market Cap. (M) 25,711.17
Return on Average Assets 2.83 %
Return on Average Equity 10.08 %

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