Halwani approves 15% cash dividend for 2020

04/02/2021 Argaam Exclusive

Halwani Bros. Co.’s shareholders approved the board’s recommendation on paying cash dividend at 15% of capital, or SAR 1.5 a share, for 2020, totaling SAR 47.14 million, the company said in a bourse statement.

 

This came during the company’s ordinary general meeting (OGM) held on Feb. 3, 2021.

Dividend Details
Current Capital
SAR 314.29 mln
Number of shares
31.43 mln
Dividend
SAR 47.14 mln
Percentage of capital
15% (SAR 1.5 per share)
Record date

Feb. 3, 2021(Shareholders of record at Edaa on the end of the second trading day following the due date)

Payment date
Feb. 21, 2021

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55.70
(1.10) (1.94 %)

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 7.20
Dividend Yield -
Market Cap. (M) 1,969.55
Return on Average Assets (0.14 %)
Return on Average Equity (0.38 %)

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