Al Yamamah Steel plans 7.5% cash dividend for H1 2020/2021

06/05/2021 Argaam Exclusive

Al Yamamah Steel Industries Co.’s board of directors recommended a 7.5% cash dividend, at SAR 0.75 per share, for the first half of the fiscal year 2020/2021 ending Sept. 30, 2021, amounting to SAR 38.10 million.

 

Dividend Details (H1 2020/2021)

Current Capital

SAR 508 mln

Number of shares

50.8 mln

Dividend

SAR 38.10 mln

Percentage of capital

7.5% (SAR 0.75 per share)

Record date

May 20, 2021 including shareholders registered at Edaa on the second day following this date

Payment date

June 2, 2021

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Valuation Data (Latest Share Price)

P/E (TTM) 37.67
P/E Before Unusual Items (TTM) NEG
P/BV 2.81
Dividend Yield 0.00 %
Market Cap. (M) 1,640.84
Return on Average Assets 2.21 %
Return on Average Equity 7.75 %

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