Northern Cement board recommends 2.5% cash dividend for H1 2021

04/08/2021 Argaam Exclusive

Northern Region Cement Co.'s board of directors recommended a 2.5% cash dividend, at SAR 0.25 per share, for H1 2021, the company said in a bourse statement.

Dividend Details (H1 2021)

Current Capital

SAR 1.8 bln

Number of shares

180 mln

Dividend 

SAR 45 mln

Percentage of capital

2.5% (equivalent to SAR 0.25 per share)

Record date

Aug. 10, 2021 (Shareholders owning the shares on record date in the shareholders’ register at Edaa by the end of second trading day after record date)

Payment date

Aug. 24, 2021
 

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Northern Region Cement Co.
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Valuation Data (Latest Share Price)

P/E (TTM) 21.82
P/E Before Unusual Items (TTM) 57.05
P/BV 0.71
Dividend Yield 2.37 %
Market Cap. (M) 1,605.60
Return on Average Assets 2.13 %
Return on Average Equity 3.25 %

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