Sulaiman Al Habib shareholders approve 6% cash dividend for Q4 2020

22/04/2021 Argaam Exclusive

Dr. Sulaiman Al Habib Medical Group’s (HMG) shareholders approved the board’s recommendation for distributing a 6% cash dividend, or SAR 0.60 per share, for Q4 2020, during the ordinary general assembly meeting (OGM) held on April 21, 2021, the firm said in a statement to Tadawul.

Dividend details (Q4 2020)

Current Capital

SAR 3.5 bln

Number of shares

350 mln

Dividend

SAR 210 mln

Percentage of capital

6% (equivalent to SAR 0.6 per unit)

Record date

April 21, 2021 (Shareholders registered with Securities Depository Center at the end of the second trading day following the general assembly)

Payment date

May 5, 2021

Dividend details (2020)

Dividend

SAR 735 mln

Percentage to capital

21% (equivalent to SAR 2.1 per unit)

Shareholders also approved authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2021.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
21/02/2021 21/04/2021 05/05/2021 210.00 0.60
25/10/2020 29/10/2020 15/11/2020 210.00 0.60
16/08/2020 20/08/2020 06/09/2020 140.00 0.40
28/06/2020 02/07/2020 20/07/2020 175.00 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 N/A N/A N/A
Last 5 Financial years N/A N/A N/A
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 42.44
P/E Before Unusual Items (TTM) 43.57
P/BV 13.52
Dividend Yield 1.52 %
Market Cap. (M) 94,500.00
Return on Average Assets 12.97 %
Return on Average Equity 33.27 %

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