Zahrat Al Waha shareholders approve 10% cash dividend for 2020

27/04/2021 Argaam Exclusive

Zahrat Al Waha for Trading Co.’s shareholders approved the board of directors' recommendation on paying cash dividend at 10% of capital, or SAR 1 per share, for 2020, during the ordinary general meeting (OGM) held on April 26, 2021.

 

Dividend Details (2020)

Current Capital

SAR 150 mln

Number of shares

15 mln

Dividend

SAR 15 mln

Percentage of capital

10 % (SAR 1 per share)

Record date

April 26, 2021 (shareholders registered in the company's shareholders register at the Securities Depository Center for trading at the end of the second trading day following the due date).

Payment date

June 1, 2021

 

In addition, shareholders authorized the board to pay interim dividend for 2021, on a quarterly or semi-annual basis, and discharged board members from liabilities during 2020.

 

Furthermore, shareholders rejected bonus worth SAR 225,000 for independent members of the board for 2020.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
25/02/2021 26/04/2021 01/06/2021 15.00 0.67
27/02/2020 19/04/2020 10/05/2020 11.25 0.50
24/10/2019 21/11/2019 02/12/2019 11.25 0.50
19/03/2019 19/05/2019 13/06/2019 15.00 0.67
27/02/2018 22/04/2018 06/05/2018 15.00 0.67
31/12/2015 - 31/12/2015 15.46 0.69
31/12/2014 - 31/12/2014 8.36 0.37
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 2.33 32.62 7.15 %
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) 32.72
P/E Before Unusual Items (TTM) 31.24
P/BV 2.60
Dividend Yield 3.65 %
Market Cap. (M) 758.25
Return on Average Assets 4.11 %
Return on Average Equity 7.84 %

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