Saudi Pharmaceutical Industries and Medical Appliances Corp.’s (SPIMACO) shareholders are set to vote on a board recommendation to distribute a 10% cash dividend for 2020, at SAR 1 per share, during the ordinary general assembly meeting that will be held on May 30, 2021, the company said in a bourse statement.
|
Dividend Details (2020) |
|
|
Current Capital |
SAR 1.2 bln |
|
Number of shares |
120 mln |
|
Dividend |
SAR 120 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
May 30, 2021 (Shareholders who own company shares at the eligibility date and enrolled in the company’s register at Securities Depository Center (Edaa) by the end of the second trading day following this date) |
|
Payment date |
To be determined |
Shareholders will also vote on transferring an amount of SAR 7.94 million from the consensual reserve amounted to SAR 41.75 million to complete the amount allocated for dividend for 2020.
Meanwhile, they will vote on authorizing the company’s board of directors to distribute interim dividend for 2021 on a semi-annual or quarterly basis.
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 2.66 |
| Dividend Yield | - |
| Market Cap. (M) | 3,948.00 |
| Return on Average Assets | (0.51 %) |
| Return on Average Equity | (1.46 %) |
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