Saudi Cement plans 15% cash dividend for H1 2021

02/06/2021 Argaam Exclusive

Saudi Cement Co.’s board of directors recommended, today, June 2, 2021, a 15% cash dividend for the first half of 2021, at SAR 1.50 per share, amounting to SAR 229.50 million.

 

Dividend Details (H1 2021)

Current capital

SAR 1.53 bln

Number of shares

153 mln

Dividend

SAR 229.50 mln

Percentage of capital

15% (SAR 1.5/share)

Record date

June 6, 2021 (including those registered at the Securities Depository Center (Edaa) two days after this date)

Payment day

June 16, 2021

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41.15
(0.40) (0.96 %)

Valuation Data (Latest Share Price)

P/E (TTM) 15.54
P/E Before Unusual Items (TTM) 15.54
P/BV 2.97
Dividend Yield 4.75 %
Market Cap. (M) 6,295.95
Return on Average Assets 12.54 %
Return on Average Equity 19.34 %

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