Yansab shareholders approve 12.5% dividend for H2 2020

31/03/2021 Argaam Exclusive

Yanbu National Petrochemical Co.'s (Yansab) shareholders approved a board recommendation to distribute 12.5% cash dividend, or SAR 1.25 per share, for the second half of 2020, during the general assembly meeting that was held on March 30, 2021.

Dividend Details (H2 2020)

Current Capital

SAR 5.625 bln

Number of shares

562.5 mln

Dividend

SAR 703.13 mln

Percentage of capital

12.5% (SAR 1.25 per share)

Record date

March 30, 2021

Payment date

April 14, 2021

Dividend for 2020

Total dividend

SAR 1.4063 bln

Percentage of capital

25% (SAR 2.5/share)

     

Moreover, shareholders approved authorizing the board to distribute interim cash dividends on a semi-annual or quarterly basis for 2021.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
24/12/2020 30/03/2021 14/04/2021 703.13 1.25
11/05/2020 09/07/2020 26/07/2020 703.13 1.25
25/12/2019 15/03/2020 01/04/2020 984.38 1.75
12/05/2019 02/07/2019 16/07/2019 984.38 1.75
20/12/2018 04/04/2019 18/04/2019 1,125.00 2.00
27/05/2018 02/07/2018 16/07/2018 984.37 1.75
28/12/2017 02/04/2018 16/04/2018 984.37 1.75
07/06/2017 02/07/2017 13/07/2017 843.75 1.50
22/12/2016 14/03/2017 28/03/2017 843.75 1.50
30/05/2016 15/06/2016 30/06/2016 843.75 1.50
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 9.75 59.00 16.53 %
Last 5 Financial years 16.00 32.45 49.31 %
Last 10 Financial years 24.00 47.80 50.21 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 44.979
P/E Before Unusual Items (TTM) 44.979
P/BV 1.81
Dividend Yield 4.60 %
Market Cap. (M) 21,290.63
Return on Average Assets 3.31 %
Return on Average Equity 3.92 %

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