SAIC board recommends 7.5% cash dividend for 2021

13/03/2022 Argaam Exclusive

Saudi Advanced Industries Co.’s (SAIC) board of directors recommended to distribute a 7.5% cash dividend, or SAR 0.75 per share for 2021, during its meeting held on March 13, according to a bourse filing.

 

Dividend Details

Number of shares

50 mln

Dividend

SAR 37.5 mln

Percentage of capital

7.5% (SAR 0.75 per share)

Record date

Shareholders registered in the company's register at the Securities Depository Center for trading at the end of the second trading day following the due date

Payment date

To be determined later

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
13/03/2022 31/05/2022 15/06/2022 37.50 0.63
23/03/2021 23/06/2021 05/07/2021 12.50 0.21
19/08/2020 30/08/2020 15/09/2020 12.50 0.21
30/12/2018 28/02/2019 13/03/2019 12.50 0.21
10/05/2017 05/02/2018 22/02/2018 12.50 0.21
10/05/2017 03/07/2017 19/07/2017 12.50 0.21
23/12/2014 19/04/2015 12/05/2015 21.60 0.36
21/02/2009 05/05/2009 26/05/2009 21.60 0.36
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 1.54 11.43 13.49 %
Last 5 Financial years 1.75 11.27 15.53 %
Last 10 Financial years 2.53 11.57 21.84 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

35.35
(0.05) (0.14 %)

Valuation Data (Latest Share Price)

P/E (TTM) 6.60
P/E Before Unusual Items (TTM) 6.52
P/BV 1.74
Dividend Yield 3.43 %
Market Cap. (M) 2,121.00
Return on Average Assets 27.32 %
Return on Average Equity 29.44 %

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