Hail Cement approves 5% cash dividend for 2020

23/03/2021 Argaam Exclusive

Hail Cement Co.’s shareholders approved a 5% cash dividend for 2020, at SAR 0.5 per share, amounting to SAR 48.95 million, the company said in a bourse statement.  

Dividend Details (2020)  

Current Capital  

SAR 979 mln  

Number of shares  

97.9 mln   

Dividend  

SAR 48.95 mln  

Percentage of capital  

5% (SAR 0.5 per share)  

Record date   

March 22 (Shareholders registered at the Securities Depository Center by the end of the second trading day following the general assembly meeting date)

Payment date   

April 5, 2021

 

Shareholders also approved dividend policy, and authorized the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2021 and decide the eligibility and distribution according to regulations and based on the company’s financial situation and plans.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
08/02/2021 22/03/2021 05/04/2021 48.95 0.50
15/02/2017 10/05/2017 24/05/2017 39.16 0.40
30/08/2016 04/09/2016 21/09/2016 48.95 0.50
10/02/2016 29/03/2016 12/04/2016 48.95 0.50
09/08/2015 13/08/2015 30/08/2015 58.74 0.60
15/12/2014 30/03/2015 07/04/2015 58.74 0.60
17/07/2014 22/07/2014 17/08/2014 48.95 0.50
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 1.00 7.85 12.74 %
Last 5 Financial years 1.00 12.07 8.29 %
Last 10 Financial years 4.10 15.30 26.80 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

11.60
0.02 0.17 %

Valuation Data (Latest Share Price)

P/E (TTM) 53.81
P/E Before Unusual Items (TTM) 53.81
P/BV 1.16
Dividend Yield 9.90 %
Market Cap. (M) 1,135.64
Return on Average Assets 1.90 %
Return on Average Equity 2.05 %

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