SPIMACO plans 10% cash dividend for 2020

23/03/2021 Argaam Exclusive

Saudi Pharmaceutical Industries & Medical Appliances Corp.’s (SPIMACO) board of directors recommended a 10% cash dividend for 2020, at SAR 1 per share, amounting to SAR 120 million, the company said in a bourse statement.

Dividend Details (2020)  

Current Capital  

SAR 1.2 bln  

Number of shares  

120 mln   

Dividend  

SAR 120 mln  

Percentage of capital  

10% (SAR 1 per share)  

Record date   

Shareholders who own company shares at the eligibility date and enrolled in the company’s register at Securities Depository Center (Edaa) by the end of the second trading day following the general assembly meeting, date of which will be announced later

Payment date   

To be determined  

 

The dividend recommendation is pending approval from the company’s general assembly, date of which will be announced later after obtaining regulatory approvals.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/03/2021 30/05/2021 16/06/2021 120.00 1.00
31/03/2020 14/05/2020 11/06/2020 60.00 0.50
05/03/2019 02/04/2019 18/04/2019 120.00 1.00
31/07/2018 30/08/2018 20/09/2018 60.00 0.50
22/03/2018 19/04/2018 03/05/2018 120.00 1.00
12/03/2017 16/04/2017 11/05/2017 120.00 1.00
16/02/2016 03/04/2016 28/04/2016 120.00 1.00
17/02/2015 23/04/2015 14/05/2015 180.00 1.50
23/02/2014 17/04/2014 11/05/2014 78.44 0.65
20/02/2013 23/03/2013 21/04/2013 156.90 1.31
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 3.00 30.44 9.86 %
Last 5 Financial years 5.00 33.66 14.85 %
Last 10 Financial years 10.77 23.60 45.63 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

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Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 2.59
Dividend Yield -
Market Cap. (M) 3,840.00
Return on Average Assets (0.51 %)
Return on Average Equity (1.46 %)

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