Herfy shareholders approve 10% cash dividend for 2020

26/04/2021 Argaam Exclusive

Herfy Food Services Co.’s shareholders approved the board recommendation on paying cash dividend at 10% of capital, or SAR 1 per share, totaling SAR 64.68 million for 2020, during the ordinary general meeting (OGM), held on April 25, 2021, the company said in a bourse filing.

 

Shareholders also authorized the board to pay interim dividends on a semi-annual or quarterly basis for 2021.

 

Additionally, shareholders elected a new board of directors for the upcoming three-year term starting May 1, 2021, the statement added.

 

Dividend Details (2020)

Current Capital

SAR 646.8 mln

Number of shares

64.68 mln

Dividend

SAR 64.68 mln

Percentage of capital

10% (SAR 1 per share)

Record date

April 25, 2021 (Shareholders registered at Edaa on the second day following the general assembly date)

Payment date

May 10, 2021

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
09/03/2021 25/04/2021 10/05/2021 64.68 1.00
12/03/2020 20/04/2020 07/05/2020 71.15 1.10
12/09/2019 10/10/2019 24/10/2019 64.68 1.00
12/03/2019 30/04/2019 13/05/2019 71.15 1.10
30/07/2018 28/08/2018 17/09/2018 64.68 1.00
31/01/2018 23/04/2018 07/05/2018 71.15 1.10
11/07/2017 16/07/2017 03/08/2017 64.68 1.00
21/02/2017 22/05/2017 05/06/2017 69.30 1.07
14/07/2016 19/07/2016 04/08/2016 69.30 1.07
23/02/2016 24/04/2016 12/05/2016 69.30 1.07
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 5.20 45.57 11.41 %
Last 5 Financial years 9.44 72.50 13.02 %
Last 10 Financial years 18.60 34.01 54.69 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

23.38
0.44 1.92 %

Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 1.55
Dividend Yield 0.00 %
Market Cap. (M) 1,512.22
Return on Average Assets (2.72 %)
Return on Average Equity (5.09 %)

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