Budget Saudi shareholders approve 13% cash dividend for H2 2021

18/05/2022 Argaam Exclusive

United International Transportation Co.’s (Budget Saudi) shareholders approved the distribution of a 13% cash dividend for the second half of 2021, at SAR 1.3 per share, during the extraordinary general assembly meeting (EGM) held on May 17, the company said in a bourse statement. 

 

Dividend Details (H2 2021)

Current capital

SAR 711.67 mln

Number of shares

71.17 mln

Dividend

SAR 92.52 mln

Percentage of capital

13% (SAR 1.3 per share)

Record date

May 17, 2022 (Shareholders registered with Securities Depository Center Co. at the end of the second trading day following the due date)

Payment date

To be determined

 

Dividend Details (2021)

Dividend

SAR 135.2 mln

Percentage of capital

19% (SAR 1.9 per share)

 

Shareholders also approved delegating the board of directors to distribute interim dividends on a semi-annual or quarterly basis for 2022. 

Kindly, you can view the full report by subscribing to the and the report contains details, historical information, and charts

Valuation Data (Latest Share Price)

P/E (TTM) 20.47
P/E Before Unusual Items (TTM) 20.47
P/BV 2.20
Dividend Yield 1.73 %
Market Cap. (M) 5,706.41
Return on Average Assets 7.24 %
Return on Average Equity 12.72 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.