Yansab shareholders to vote on paying 15% cash dividend for H2 2021 on March 23

02/03/2022 Argaam Exclusive

Yanbu National Petrochemical Co.’s (Yansab) shareholders will discuss paying H2 2021 cash dividend at 15%, or SAR 1.5 per share, during the ordinary general meeting (OGM), slated for March 23, 2022.

 

The dividend, totaling SAR 843.7 million, will be payable on March 30, 2022, according to a bourse filing.

 

Shareholders will also vote on the auditor’s and board reports as well as financial statements for 2021. They will additionally vote on appointing an external auditor for Q1, Q2, Q3, Q4 2022, and Q1 2023, in addition to discharging board members from liability for 2021.

 

Shareholders will discuss disbursing SAR 1.4 million as board remuneration for 2021 and authorizing the board to distribute interim dividends, semi-annual or quarterly for 2022.

 

Dividend Details H2 2021

Current Capital

SAR 5.625 bln

Number of Shares

562.5 mln

Total Dividend

SAR 843.75 mln

Percentage of Capital

15% (SAR 1.5 a share)

Record Date

March 23, 2022

Payment Date

March 30, 2022

Total Dividend 2021

Total Dividend

SAR 1.687.5 bln

Percentage of Capital

30% (SAR 3 a share)

 

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
23/12/2021 23/03/2022 30/03/2022 843.75 1.50
17/06/2021 01/07/2021 13/07/2021 843.75 1.50
24/12/2020 30/03/2021 14/04/2021 703.13 1.25
11/05/2020 09/07/2020 26/07/2020 703.13 1.25
25/12/2019 15/03/2020 01/04/2020 984.38 1.75
12/05/2019 02/07/2019 16/07/2019 984.38 1.75
20/12/2018 04/04/2019 18/04/2019 1,125.00 2.00
27/05/2018 02/07/2018 16/07/2018 984.37 1.75
28/12/2017 02/04/2018 16/04/2018 984.37 1.75
07/06/2017 02/07/2017 13/07/2017 843.75 1.50
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 8.25 56.00 14.73 %
Last 5 Financial years 15.50 59.00 26.27 %
Last 10 Financial years 29.75 48.20 61.72 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 44.98
P/E Before Unusual Items (TTM) 44.98
P/BV 1.81
Dividend Yield 4.60 %
Market Cap. (M) 21,290.63
Return on Average Assets 3.31 %
Return on Average Equity 3.92 %

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