Aslak board declares 4.5% cash dividend for H2 2021, balance of retained earnings until December 2020

01/02/2022 Argaam Exclusive

United Wire Factories Co.’s (Aslak) board of directors declared a 4.5% cash dividend for the period ended 2020 and the second half of 2021, at SAR 0.45 per share, the company said in a bourse statement. 

 

Dividend Details

Current capital 

SAR 351 mln 

Number of shares 

35.1 mln 

Dividend 

SAR 15.80 mln 

Percentage of capital 

4.5% (equivalent to SAR 0.45 per share) 

Dividend for H2 2021 

SAR 15.10 mln 

Percentage of capital 

4.3% (equivalent to SAR 0.43/share) 

Balance of retained earnings for distribution until December 2020 

SAR 0.70 mln (equivalent to 0.2% of the capital) 

Record date 

Feb. 10, 2022 (including those registered at the Securities Depository Center two days after this date) 

Payment date 

Feb. 21, 2022 

Dividend Details (2021)

Dividend 

SAR 41.43 mln 

Percentage of capital 

11.18% (equivalent to SAR 1.18/share) 

 

According to data compiled by Argaam, the company distributed a cash dividend at 15.7% of capital (SAR 1.57/share) for 2020, amounting to SAR 55.2 million.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
01/02/2022 10/02/2022 21/02/2022 15.80 0.56
29/07/2021 02/08/2021 17/08/2021 26.33 0.94
17/02/2021 21/02/2021 03/03/2021 35.10 1.25
16/09/2020 27/09/2020 08/10/2020 20.14 0.72
16/09/2020 27/09/2020 08/10/2020 14.96 0.53
18/07/2019 22/07/2019 05/08/2019 10.97 0.39
02/04/2018 14/05/2018 29/05/2018 21.94 0.78
26/02/2017 26/03/2017 10/04/2017 28.52 1.02
19/07/2016 28/07/2016 11/08/2016 43.88 1.56
24/02/2016 30/03/2016 18/04/2016 28.52 1.02
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 4.72 24.45 19.29 %
Last 5 Financial years 5.64 21.32 26.45 %
Last 10 Financial years 15.74 34.87 45.12 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

29.20
0.10 0.34 %

Valuation Data (Latest Share Price)

P/E (TTM) 36.35
P/E Before Unusual Items (TTM) 36.35
P/BV 2.12
Dividend Yield 3.34 %
Market Cap. (M) 819.94
Return on Average Assets 4.71 %
Return on Average Equity 5.80 %

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