Saudi Electricity shareholders to vote on 7% cash dividend on May 17

17/04/2022 Argaam Exclusive

Shareholders of Saudi Electricity Co. (SEC) will vote on the board's recommendation to distribute a 7% cash dividend, or SAR 0.70 per share, for 2021, during the ordinary general meeting (OGM) scheduled for May 17, according to a bourse filing.

 

Dividend Details (2021)

Current Capital

SAR 41.666 bln

Number of Shares

4.1666 bln

Dividend

SAR 2.916 bln

Percentage of Capital

7% (SAR 0.70 per share)

Record Date

May 17, 2022

Payment Date

To be announced

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
16/03/2022 17/05/2022 06/06/2022 2,916.62 0.70
30/03/2021 27/04/2021 20/05/2021 2,916.62 0.70
21/04/2020 02/06/2020 16/06/2020 749.30 0.70
13/03/2019 30/04/2019 12/05/2019 749.30 0.70
21/03/2018 25/06/2018 17/07/2018 547.00 0.70
21/02/2017 19/04/2017 30/04/2017 547.00 0.70
23/02/2016 25/04/2016 08/05/2016 547.00 0.70
24/02/2015 20/04/2015 03/05/2015 547.00 0.70
25/02/2014 15/04/2014 27/04/2014 547.00 0.70
24/02/2013 15/04/2013 27/04/2013 547.00 0.70
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 2.10 20.22 10.39 %
Last 5 Financial years 3.50 20.68 16.92 %
Last 10 Financial years 7.00 13.50 51.85 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

16.60
(0.28) (1.66 %)

Valuation Data (Latest Share Price)

P/E (TTM) 19.563
P/E Before Unusual Items (TTM) 22.584
P/BV 0.75
Dividend Yield 3.69 %
Market Cap. (M) 69,165.39
Return on Average Assets 0.67 %
Return on Average Equity 3.81 %

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