Bawan plans 7.5% dividend for H1 2021

05/08/2021 Argaam Exclusive

Bawan Co.'s board of directors recommended a 7.5% cash dividend for the first half of 2021, at SAR 0.75 per share, amounting to SAR 45 million, the company said in a bourse statement.

Dividend (H1 2021)  

Current Capital 

SAR 600 mln

Number of shares 

60 mln

Total Dividends 

SAR 45 mln

Percentage of Capital 

7.5% (equivalent to SAR 0.75 per share)

Record date 

Aug. 19, 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. 1, 2021

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48.50
(0.65) (1.32 %)

Valuation Data (Latest Share Price)

P/E (TTM) 25.96
P/E Before Unusual Items (TTM) 25.96
P/BV 3.24
Dividend Yield 3.29 %
Market Cap. (M) 2,910.00
Return on Average Assets 5.37 %
Return on Average Equity 12.57 %

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