Al Arabia board recommends 18.6% cash dividend for 2021

07/03/2022 Argaam Exclusive

Arabian Contracting Services Co.’s (Al Arabia) board of directors recommended, on March 6, an 18.6% cash dividend, at SAR 1.86 per share, for 2021, amounting to SAR 92.50 million.

 

Dividend Details (2021)

Current capital

SAR 500 mln

Number of shares

50 mln

Dividend

SAR 92.50 mln

Percentage of capital

18.6% (SAR 1.86 per share)

Record date

Shareholders registered with the Securities Depository Center Co. (Edaa) at the end of the second trading day following the general assembly date

Payment date

To be announced later

 

According to data available with Argaam, this is the first time that Al Arabia will distribute cash dividend since it was listed on the Saudi market last November.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
07/03/2022 10/05/2022 19/05/2022 92.50 1.85
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 N/A N/A N/A
Last 5 Financial years N/A N/A N/A
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

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Valuation Data (Latest Share Price)

P/E (TTM) 36.10
P/E Before Unusual Items (TTM) 36.10
P/BV 9.76
Dividend Yield -
Market Cap. (M) 11,850.00
Return on Average Assets 8.51 %
Return on Average Equity 30.96 %

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