Eastern Cement board recommends 25% cash dividend for 2020

07/03/2021 Argaam Exclusive

Eastern Province Cement Co.'s board of directors recommended today, March 7, 2021, a 25% cash dividend for 2020, at SAR 2.50 a share, totaling SAR 215 million.

 

Dividend Details (2020)

Current Capital

SAR 860 mln

Number of shares

86 mln

Dividend

SAR 215 mln

Percentage of Capital

25% (SAR 2.5 per share)

Record date

Shareholders registered with the Securities Depository Centre (Edaa) at the end of the second trading day following the general assembly meeting, the date of which will be announced later.

Payment date

To be determined

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Eastern Province Cement Co.
32.50
0.30 0.93 %

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Valuation Data (Latest Share Price)

P/E (TTM) 12.76
P/E Before Unusual Items (TTM) 12.26
P/BV 1.15
Dividend Yield 4.20 %
Market Cap. (M) 2,795.00
Return on Average Assets 7.70 %
Return on Average Equity 9.07 %

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