SABIC Agri-Nutrients shareholders approve 30% cash dividend for H2 2021

14/04/2022 Argaam Exclusive

Shareholders of SABIC Agri-Nutrients Co. approved, on April 13, the board of directors’ recommendation on the payout of a 30% cash dividend, or SAR 3 per share, for the second half of 2021.

Dividend Details (H2 2021)
Current capital	SAR 4.760 bln
Number of shares	476.04 mln
Dividend	SAR 1.428 bln
Percentage of capital	30% (SAR 3 per share)
Record date	April 13, 2022
Payment date	April 27, 2022

Total Dividend for 2021
Total dividend	SAR 2.023 bln
Percentage of capital	42.5% (SAR 4.25 per share)

The board of directors was also authorized to distribute interim dividends on a semi-annual or quarterly basis.

Dividend History (SAR/share) Corporate Actions

Announcement	Ex-Dividend	Payment	Dividends (M Riyal)	Dividends *	Notes
20/12/2021	13/04/2022	27/04/2022	1,428.11	3.00	H2 _ 2021
14/06/2021	30/06/2021	14/07/2021	595.04	1.25	H1 - 2021
15/12/2020	11/04/2021	25/04/2021	476.04	1.14	H2 - 2020
14/05/2020	21/06/2020	05/07/2020	416.67	1.00	H1-2020
16/12/2019	29/03/2020	12/04/2020	625.00	1.50	H2-2019
19/05/2019	16/07/2019	30/07/2019	625.00	1.50	H1-2019
17/12/2018	07/04/2019	21/04/2019	625.00	1.50	The General Assembly approved 15% cash dividend H2- 2018
10/06/2018	25/07/2018	08/08/2018	416.67	1.00	The General Assembly approved 10% cash dividend H1- 2018
21/02/2018	19/03/2018	02/04/2018	416.67	1.00	The General Assembly approved 10 % cash dividend for H2-2017
27/08/2017	11/09/2017	26/09/2017	312.50	0.75	The General Assembly approved 7.5% cash dividend for H1-2017

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	18.39	77.80	23.64 %
Last 5 Financial years	23.89	65.07	36.72 %
Last 10 Financial years	49.34	123.80	39.86 %

Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM)	15.63
P/E Before Unusual Items (TTM)	15.04
P/BV	2.81
Dividend Yield	4.34 %
Market Cap. (M)	52,364.40
Return on Average Assets	13.71 %
Return on Average Equity	18.53 %

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