Mobily shareholders approve 5% cash dividend for 2020

24/05/2021 Argaam Exclusive

Etihad Etisalat Co.’s (Mobily) shareholders approved the board’s recommendation of a 5% cash dividend for 2020, at SAR 0.5 per share, amounting to SAR 385 million, during the ordinary general meeting (OGM) held on May 23, 2021.

 

Dividend Details (2020)

Current Capital

SAR 7.7 bln

Number of shares

770 mln

Dividend

SAR 385 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

May 23, 2021 (Shareholders registered at the Securities Depository Center at the end of second trading day following the OGM)

Payment date

June 6, 2021

 

Shareholders also approved the board and auditor reports, as well as financial statements for 2020, in addition to endorsing a number of business contracts concluded with Saudi Basic Industries Corp. (SABIC), Public Pension Agency and Emirates Telecommunications Group Company, the company said in a bourse filing today, May 24, 2021.

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53.60
(1.00) (1.83 %)

Valuation Data (Latest Share Price)

P/E (TTM) 14.36
P/E Before Unusual Items (TTM) 14.77
P/BV 2.31
Dividend Yield 2.96 %
Market Cap. (M) 41,272.00
Return on Average Assets 7.39 %
Return on Average Equity 16.51 %

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