SACO plans 7.5% cash dividend for H2 2020

14/03/2021 Argaam Exclusive

Saudi Company for Hardware’s (SACO) board of directors recommended on March 11, 2021, a 7.5% cash dividend for the second half of 2020, at SAR 0.75 per share, the company said in a bourse statement. 

Dividend Details (H2 2020) 

Current Capital 

SAR 360 mln 

Number of shares 

36 mln  

Dividend 

SAR 27 mln 

Percentage of capital 

7.5% (SAR 0.75 per share) 

Record date  

March 28, 2021 (Including shareholders registered at the Securities Depository Center (Edaa) on the second trading day following the maturity date)

Payment date  

April 11, 2021 

Dividend Details (2020) 

Dividend 

SAR 45 mln 

Percentage of capital 

12.5% (SAR 1.25 per share) 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
14/03/2021 28/03/2021 11/04/2021 27.00 0.75
26/07/2020 16/08/2020 30/08/2020 18.00 0.50
23/07/2019 29/08/2019 11/09/2019 36.00 1.00
27/02/2019 03/04/2019 17/04/2019 36.00 1.00
23/07/2018 04/09/2018 19/09/2018 24.00 0.67
11/02/2018 04/03/2018 21/03/2018 36.00 1.00
27/07/2017 20/09/2017 11/10/2017 42.00 1.17
16/10/2016 28/12/2016 11/01/2017 36.00 1.00
19/04/2016 05/05/2016 19/05/2016 36.00 1.00
15/10/2015 26/11/2015 10/12/2015 48.00 1.33
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend Cash dividend per share (SAR) * The stock price at the beginning of the period (SAR) Return on the base price
Last 3 Financial years 3.92 72.13 5.43 %
Last 5 Financial years 8.08 66.47 12.16 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 3.55
Dividend Yield 0.00 %
Market Cap. (M) 1,146.60
Return on Average Assets (3.46 %)
Return on Average Equity (12.09 %)

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