Al Hammadi board recommends 6% cash dividend for 2021

11/11/2021 Argaam Exclusive

Al Hammadi Company for Development and Investment announced that its board of directors recommended, on Nov. 11, a 6% cash dividend, or SAR 0.6 a share, for 2021, according to a bourse statement.

 

Dividend Details for 2021

Current capital

SAR 1.2 bln

Number of shares

120 mln

Dividend

SAR 72 mln

Percentage of capital

6% (SAR 0.6 per share)

Record date

Shareholders of record on the general meeting date

Payment date

To be announced

 

Meanwhile, the company said in a separate statement that its board recommended to the general assembly to vote on authorizing it to distribute interim dividends, semi-annually or quarterly, to shareholders for 2022.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
11/11/2021 09/12/2021 26/12/2021 72.00 0.45
28/03/2021 19/05/2021 31/05/2021 60.00 0.38
11/12/2017 26/12/2017 02/01/2018 90.00 0.56
24/02/2016 29/05/2016 31/08/2016 90.00 0.56
19/01/2015 15/04/2015 06/05/2015 75.00 0.47
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend Cash dividend per share (SAR) * The stock price at the beginning of the period (SAR) Return on the base price
Last 3 Financial years 0.83 18.83 4.38 %
Last 5 Financial years 1.39 31.11 4.46 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

40.00
0.10 0.25 %

Valuation Data (Latest Share Price)

P/E (TTM) 19.57
P/E Before Unusual Items (TTM) 24.14
P/BV 3.29
Dividend Yield 2.36 %
Market Cap. (M) 6,384.00
Return on Average Assets 12.50 %
Return on Average Equity 17.28 %

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