Al Yamamah Steel shareholders approve 10% cash dividend for FY2019/20

16/02/2021 Argaam Exclusive

Al Yamamah Steel Industries Co.'s shareholders approved the board's recommendation to pay 10% cash dividend (or SAR 1 per share) for the fiscal year ended Sept. 30, 2020, according to a bourse statement.  

Dividend Details

Current Capital

SAR 508 mln

Current number of shares

50.8 mln

Dividend

SAR 50.8 mln

Percentage of capital

10% (SAR 1 per share)

Record date

Feb. 15, 2021 (including shareholders registered at the Securities Depository Center at the end of second trading day following the general meeting date)

Payment date

Feb. 25, 2021

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34.55
(0.20) (0.58 %)
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Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 3.04
Dividend Yield 0.00 %
Market Cap. (M) 1,755.14
Return on Average Assets (0.53 %)
Return on Average Equity (1.76 %)

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