Al Arabia shareholders approve 18.6% cash dividend for 2021

11/05/2022 Argaam Exclusive

Arabian Contracting Services’ (Al Arabia) shareholders approved the board of directors’ recommendation to pay cash dividend at 18.6%, or SAR 1.86 per share, for 2021, during the extraordinary general meeting (EGM) held on May 10, according to a bourse filing.

 

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

May 10, 2022 (Shareholders registered with the Securities Depository Center by the close of the second trading day following the due date)

Payment Date

May 19, 2022

 

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 1.68
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

149.00
(0.80) (0.53 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 30.14
P/E Before Unusual Items (TTM) 35.24
P/BV 6.33
Dividend Yield -
Market Cap. (M) 8,195.00
Return on Average Assets 7.59 %
Return on Average Equity 23.35 %

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