Arriyadh Development plans 10% cash dividend for H1 2021

14/07/2021 Argaam Exclusive

Arriyadh Development Co.’s (ARDCO) board of directors recommended a 10% cash dividend for the first half of 2021, at SAR 1 per share, the company said in a bourse statement.

 

Dividend (H1 2021)  

Current Capital 

SAR 1.7778 bln

Number of shares 

177.78 mln

Total Dividends 

SAR 177.78 mln

Percentage of Capital 

10% (equivalent to SAR 1 per share)

Record date 

Sept. 9, 2021 (including registered shareholders in the company’s register with Edaa at the end of the second trading day following the record date)

Payment date 

Sept. 30, 2021

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27.20
(0.30) (1.09 %)

Valuation Data (Latest Share Price)

P/E (TTM) 13.58
P/E Before Unusual Items (TTM) 14.09
P/BV 1.97
Dividend Yield 3.55 %
Market Cap. (M) 4,835.62
Return on Average Assets 13.02 %
Return on Average Equity 15.20 %

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