SAIC board recommends 2.5% cash dividend for H2 2020

23/03/2021 Argaam Exclusive

Saudi Advanced Industries Co.'s (SAIC) board of directors recommended today, March 23, 2021, the distribution of a 2.5% cash dividend for second half of 2020, at SAR 0.25 per share, amounting to SAR 12.5 million.

 

Dividend Details (H2 2020)

Current Capital

SAR 500 mln

Number of shares

50 mln

Dividend

SAR 12.5 mln

Dividend

2.5% (SAR 0.25 per share)

Record date

Shareholders who own the company shares and enrolled in the company's register at Securities Depository Center Company (Edaa) by the end of the second trading day of the day of the general assembly meeting

Payment date

To be announced later

Dividend Details (2020)

Dividend

SAR 25 mln

Percentage of capital

5% (SAR 0.5 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/03/2021 23/06/2021 05/07/2021 12.50 0.21
19/08/2020 30/08/2020 15/09/2020 12.50 0.21
30/12/2018 28/02/2019 13/03/2019 12.50 0.21
10/05/2017 05/02/2018 22/02/2018 12.50 0.21
10/05/2017 03/07/2017 19/07/2017 12.50 0.21
23/12/2014 19/04/2015 12/05/2015 21.60 0.36
21/02/2009 05/05/2009 26/05/2009 21.60 0.36
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 0.62 11.27 5.55 %
Last 5 Financial years 1.04 11.33 9.20 %
Last 10 Financial years 1.40 9.80 14.30 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

35.35
(0.05) (0.14 %)

Valuation Data (Latest Share Price)

P/E (TTM) 6.60
P/E Before Unusual Items (TTM) 6.52
P/BV 1.74
Dividend Yield 3.43 %
Market Cap. (M) 2,121.00
Return on Average Assets 27.32 %
Return on Average Equity 29.44 %

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