Najran Cement plans 7.5% dividend for H2 2020

28/02/2021 Argaam Exclusive

Najran Cement Co.’s board of directors recommended a 7.5% cash dividend for the second half of 2020, at SAR 0.75 per share, amounting to SAR 127.5 million, the company said in a bourse statement.

Dividend Details (H2 2020)

Current Capital

SAR 1.7 bln

Number of shares

170 mln

Dividend

SAR 127.5 mln

Percentage of capital

7.5% (SAR 0.75 per share)

Record date

General assembly meeting, including shareholders registered at Edaa on the second day following this date

Payment date

To be determined

Dividend Details (2020)

Dividend

SAR 255 mln

Percentage of capital

15% (SAR 1.5 per share)

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Najran Cement Co.
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(0.05) (0.56 %)

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Valuation Data (Latest Share Price)

P/E (TTM) 24.38
P/E Before Unusual Items (TTM) 24.38
P/BV 0.75
Dividend Yield 0.00 %
Market Cap. (M) 1,511.30
Return on Average Assets 2.49 %
Return on Average Equity 3.07 %

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