Zoujaj shareholders approve 5% cash dividend for H1 2022

19/05/2022 Argaam Exclusive

The National Co. for Glass Industries’ (Zoujaj) shareholders approved the board of directors’ recommendation to pay a 5% cash dividend for the first half of 2022, at SAR 0.5 per share, amounting to SAR 16.45 million, during the ordinary general assembly meeting held on May 18, according to a bourse statement.

 

Dividend (H1 2022)  

Current Capital 

SAR 329 mln

Number of Shares 

32.9 mln

Total Dividend 

SAR 16.45 mln

Percentage of Capital 

5% (SAR 0.5 per share)

Record Date 

May 18, 2022, including shareholders registered with the Securities Depository Center (Edaa) at the end of the second trading day following the due date.

Payment Date 

To be determined

 

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

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
30/03/2022 18/05/2022 02/06/2022 16.45 0.50
03/01/2022 16/01/2022 30/01/2022 16.45 0.50
09/04/2019 15/04/2019 28/04/2019 24.68 0.75
19/12/2017 14/05/2018 04/06/2018 16.45 0.50
25/05/2017 02/07/2017 24/07/2017 16.45 0.50
20/07/2016 21/08/2016 02/10/2016 22.50 0.75
24/12/2015 04/05/2016 25/05/2016 15.00 0.50
12/08/2015 25/08/2015 10/09/2015 30.00 1.00
25/12/2014 20/04/2015 05/05/2015 51.00 1.70
17/12/2013 09/04/2014 01/05/2014 37.50 1.25
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 1.50 17.68 8.48 %
Last 5 Financial years 2.25 20.94 10.75 %
Last 10 Financial years 8.45 25.50 33.14 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 18.30
P/E Before Unusual Items (TTM) 18.30
P/BV 2.43
Dividend Yield 2.50 %
Market Cap. (M) 1,848.98
Return on Average Assets 12.45 %
Return on Average Equity 13.86 %

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