SARCO shareholders to vote on 7.5% cash dividend for 2020 on April 21

29/03/2021 Argaam Exclusive

Saudi Arabia Refineries Co.'s (SARCO) shareholders will vote on April 21, 2021, on the board of directors’ recommendation for the distribution of cash dividend at SAR 0.75 per share, or 7.5% of capital, for 2020.

 

Dividend Details

Current Capital

SAR 150 mln

Number of shares

15 mln shares

Dividend

SAR 11.25 mln

Percentage of capital

7.5 % (SAR 0.75 per share)

Eligibility

Shareholders who own the company's shares at the end of the trading day of the ordinary general assembly, and registered in the shareholders’ register with the Securities Depository Center Co. (Edaa) at the end of the second day after the maturity date.

Payment date

To be announced later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
04/03/2021 21/04/2021 10/05/2021 11.25 0.75
11/03/2020 21/04/2020 10/05/2020 15.00 1.00
07/03/2019 24/04/2019 08/05/2019 11.25 0.75
01/03/2018 24/04/2018 08/05/2018 7.50 0.50
23/02/2016 27/04/2016 19/05/2016 7.50 0.50
23/02/2015 28/04/2015 19/05/2015 10.50 0.70
19/02/2014 28/04/2014 19/05/2014 9.00 0.60
19/02/2013 01/05/2013 22/05/2013 7.50 0.50
13/02/2012 15/04/2012 12/05/2012 7.50 0.50
15/02/2011 30/03/2011 03/05/2011 7.50 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 2.50 30.97 8.07 %
Last 5 Financial years 3.00 41.66 7.20 %
Last 10 Financial years 5.80 36.20 16.02 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

76.50
(0.90) (1.16 %)
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Valuation Data (Latest Share Price)

P/E (TTM) More than 100
P/E Before Unusual Items (TTM) More than 100
P/BV 2.56
Dividend Yield 0.00 %
Market Cap. (M) 1,147.50
Return on Average Assets 1.59 %
Return on Average Equity 1.60 %

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