Al Hammadi shareholders to vote on 6% cash dividend for 2021 on Dec. 9

18/11/2021 Argaam Exclusive

Al Hammadi Company for Development and Investment scheduled an ordinary general assembly meeting (OGM) on Dec. 9, during which the shareholders will vote on board of directors recommendation to distribute 6% cash dividend (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

Dec. 9 (Shareholders of record on the second day following the due date)

Payment date

To be announced

Meanwhile, shareholders will also vote on authorizing the board to distribute interim dividends, semi-annually or quarterly, 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

39.55
0.15 0.38 %

Valuation Data (Latest Share Price)

P/E (TTM) 19.40
P/E Before Unusual Items (TTM) 23.92
P/BV 3.26
Dividend Yield 2.36 %
Market Cap. (M) 6,328.00
Return on Average Assets 12.50 %
Return on Average Equity 17.28 %

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