Northern Cement board declares 2.5% cash dividend for H2 2021

28/03/2022 Argaam Exclusive

Northern Region Cement Co.’s board of directors declared today, March 28, a 2.5% cash dividend, at SAR 0.25 per share, for the second half of 2021, amounting to SAR 45 million.

 

Dividend Details (H2 2021)

Current Capital

SAR 1.8 bln

Number of shares

180 mln

Dividend

SAR 45 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

April 10, 2022 (Shareholders registered with the Securities Depository Center (Edaa) by the close of second trading day after the record date)

Payment date

April 17, 2022

 

Dividend Details (2021)

Dividend

SAR 90 mln

Percentage of capital

5% (SAR 0.50/share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
28/03/2022 10/04/2022 20/04/2022 45.00 0.25
04/08/2021 10/08/2021 24/08/2021 45.00 0.25
09/03/2021 14/03/2021 28/03/2021 45.00 0.25
30/08/2020 03/09/2020 27/09/2020 45.00 0.25
10/08/2016 14/08/2016 28/08/2016 81.00 0.45
26/01/2016 16/03/2016 14/04/2016 90.00 0.50
22/07/2015 30/07/2015 31/08/2015 108.00 0.60
25/02/2015 05/04/2015 27/04/2015 162.00 0.90
17/09/2014 22/09/2014 29/09/2014 180.00 1.00
10/02/2014 13/03/2014 30/03/2014 180.00 1.00
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 1.00 8.30 12.05 %
Last 5 Financial years 1.00 12.79 7.82 %
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

Valuation Data (Latest Share Price)

P/E (TTM) 21.94
P/E Before Unusual Items (TTM) 57.37
P/BV 0.71
Dividend Yield 2.37 %
Market Cap. (M) 1,614.60
Return on Average Assets 2.13 %
Return on Average Equity 3.25 %

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