City Cement plans 5% cash dividend for H2 2020

28/02/2021 Argaam Exclusive

City Cement Co.'s directors recommended today, Feb. 28, 2021, a 5% cash dividend for the second half of 2020, at SAR 0.50 per share, amounting to SAR 70 million, according to a bourse filing.

 

Dividend Details (H2 2020)

Current Capital     

 SAR 1.4 bln

Number of shares

140 mln

Dividend 

SAR 70 mln

Percentage of capital

5% (equivalent to SAR 0.50 per share)

Record date

March 7, 2021 (Shareholders registered in the company's shareholders register at the Securities Depository Center at the end of the second trading day following the due date)

Payment date

March 21, 2021

Dividend Details (2020)

Dividend

SAR 210 mln

Percentage of capital

15% (equivalent to SAR 1.5 per share)

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19.92
0.16 0.81 %
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Valuation Data (Latest Share Price)

P/E (TTM) 29.05
P/E Before Unusual Items (TTM) 29.05
P/BV 1.58
Dividend Yield 3.86 %
Market Cap. (M) 2,788.80
Return on Average Assets 5.01 %
Return on Average Equity 5.43 %

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