Advanced Petrochemical Co.'s shareholders are set to vote on the board's recommendation on distributing a 6.5% cash dividend, or SAR 0.65 per share, for Q4 2020, during the extraordinary general meeting (EGM) to be held on March 30, 2021.
They will also vote on authorizing the board of directors to distribute interim cash dividends on semi-annual or quarterly basis for 2021.
|
Dividend Details (Q4 2020) |
|
|
Current Capital |
SAR 2.164 bln |
|
Number of shares |
216.47 mln |
|
Dividend |
SAR 140.7 mln |
|
Percentage of capital |
6.5% (SAR 0.65 per share) |
|
Record date |
March 30, 2021 |
|
Payment date |
To be announced later |
|
Dividend Details (2020) |
|
|
Dividend |
SAR 562.8 mln |
|
Percentage of capital |
26% (SAR 2.60 per share) |
Shareholders will also vote on the board of directors’ recommendation on discontinuing setting aside 10% of net profit to statutory reserve, as it has reached 30% of the company’s capital.
Moreover, the EGM will vote on the board’s recommendation to set aside 10% of net profits to consensual reserve if the above recommendation is approved.
| P/E (TTM) | More than 100 |
| P/E Before Unusual Items (TTM) | More than 100 |
| P/BV | 2.80 |
| Dividend Yield | 0.00 % |
| Market Cap. (M) | 8,996.00 |
| Return on Average Assets | 0.43 % |
| Return on Average Equity | 1.61 % |
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}