Arabian Cement board plans 12.5% cash dividend for H1 2021

16/08/2021 Argaam Exclusive

Arabian Cement Co.’s board of directors recommended a 12.5% cash dividend for the first half of 2021, at SAR 1.25 per share, amounting to SAR 125 million.

 

Dividend Details (H1 2021)

Current Capital

SAR 1 bln

Number of shares

100 mln

Dividend

SAR 125 mln

Percentage of capital

12.5% (SAR 1.25 per share)

Record date

Aug. 18, 2021 (Shareholders registered with Edaa at the end of second trading day following the due date)

Payment date

Sept. 6, 2021

 

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24.88
(0.32) (1.27 %)

Valuation Data (Latest Share Price)

P/E (TTM) 15.39
P/E Before Unusual Items (TTM) 17.27
P/BV 0.98
Dividend Yield 4.35 %
Market Cap. (M) 2,488.00
Return on Average Assets 5.22 %
Return on Average Equity 6.37 %

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