Savola shareholders approve 2% cash dividend for 2021

17/05/2022 Argaam Exclusive

Savola Group shareholders approved the payout of a 2% cash dividend, or SAR 0.20 per share, for 2021, during the ordinary general assembly meeting (OGM) held on May 16.

Dividend Details (2021)
Current capital	SAR 5.339 bln
Number of shares	533.98 mln
Dividend	SAR 106.8 mln
Percentage of capital	2% (SAR 0.20 per share)
Record date	May 16, 2022 (Shareholders registered in the company's register at Securities Depository Center by the close of the second trading day following the record date)
Distribution date	June 6, 2022

The shareholders also approved the remaining agenda items, including the election of the board members for the next three-year term, commencing from July 1, 2022.

The elected board members are Ahmed Al Humaidan, Ahmed Al Qahtani, Waleed Al Ghreri, Sulaiman Al-Muhaidib, Rakan Al Fadl, Mutaz Al Azzawi, Isam Almuhaidib, Bader Alissa, Mohamed Alissa, Bader Al-Rabiah and Fahad Al-Kassim.

Dividend History (SAR/share) Corporate Actions

Announcement	Ex-Dividend	Payment	Dividends (M Riyal)	Dividends *	Notes
01/02/2022	16/05/2022	06/06/2022	106.80	0.12	FY _ 2021
27/01/2021	28/04/2021	24/05/2021	400.49	0.44	FY-2020
29/01/2020	29/04/2020	20/05/2020	160.20	0.18	FY-2019
08/02/2018	27/05/2018	10/06/2018	533.98	0.59	The General Assembly approved 10 % cash dividend FY-2017
20/10/2016	23/10/2016	06/11/2016	133.50	0.15	The General Assembly approved 2.5% cash dividend for Q3-2016
28/07/2016	31/07/2016	15/08/2016	133.50	0.15	The General Assembly approved 2.5% cash dividend for Q2-2016
20/04/2016	21/04/2016	05/05/2016	133.50	0.15	The General Assembly approved 2.5 % cash dividend for Q1-2016
20/01/2016	19/04/2016	04/05/2016	266.99	0.29	The General Assembly approved 5% cash dividend for Q4-2015
19/10/2015	22/10/2015	05/11/2015	266.99	0.29	The General Assembly approved 5% cash dividends for Q3-2015
28/07/2015	02/08/2015	16/08/2015	266.99	0.29	The General Assembly approved 5% cash dividends for Q2-2015

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	0.94	20.50	4.60 %
Last 5 Financial years	1.12	23.07	4.85 %
Last 10 Financial years	5.75	23.40	24.58 %

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

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM)	30.84
P/E Before Unusual Items (TTM)	35.27
P/BV	1.87
Dividend Yield	0.00 %
Market Cap. (M)	27,510.35
Return on Average Assets	2.79 %
Return on Average Equity	7.75 %

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