Advanced board recommends 6.5% cash dividend for Q1 2021

31/03/2021 Argaam Exclusive

Advanced Petrochemical Co.’s (Advanced) board of directors recommended a 6.5% cash dividend for the first quarter of 2021, at SAR 0.65 per share, totaling SAR 140.7 million. 

Dividend Details (Q1 2021)

Current Capital

SAR 2.1647 bln

Number of shares

216.47 mln

Dividend

SAR 140.7 mln

Percentage of capital

6.5% (SAR 0.65 per share)

Record date

May 20, 2021 (Registered shareholders at the Securities Depository Center (Edaa) by the end of second trading day following the general assembly meeting date).

Payment date

To be announced

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
31/03/2021 20/05/2021 31/05/2021 140.70 0.54
22/12/2020 30/03/2021 20/04/2021 140.70 0.54
29/09/2020 20/10/2020 09/11/2020 140.70 0.54
24/06/2020 30/06/2020 23/07/2020 140.70 0.54
01/04/2020 23/04/2020 14/05/2020 140.70 0.54
09/12/2019 31/03/2020 20/04/2020 140.70 0.54
13/10/2019 17/10/2019 06/11/2019 140.70 0.54
26/05/2019 30/06/2019 18/07/2019 137.80 0.53
20/03/2019 31/03/2019 18/04/2019 137.80 0.53
18/12/2018 19/03/2019 08/04/2019 137.80 0.53
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 6.47 37.71 17.16 %
Last 5 Financial years 10.71 35.21 30.42 %
Last 10 Financial years 19.14 15.34 124.84 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

34.60
(0.35) (1.00 %)

Valuation Data (Latest Share Price)

P/E (TTM) More than 100
P/E Before Unusual Items (TTM) More than 100
P/BV 2.80
Dividend Yield 0.00 %
Market Cap. (M) 8,996.00
Return on Average Assets 0.43 %
Return on Average Equity 1.61 %

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