ACWA Power board proposes 7.7% cash dividend for 2021

01/06/2022 Argaam Exclusive

ACWA Power’s board of directors recommended today, June 1, a 7.7% cash dividend, or SAR 0.77 per share, for 2021, according to a bourse statement.

 

Dividend Details (2021)

Current capital

SAR 7.311 bln

Number of shares

731.1 mln

Dividend

SAR 562.9 mln

Percentage of capital

7.7% (SAR 0.77 per share)

Record date

Shareholders registered with the Securities Depository Center (Edaa) by the close of the second trading day following the record date

Payment date

To be determined

 

The dividend recommendation was approved by the board of directors on June 29, 2021, and was referred to in the company’s 2021 financial statements.

 

This marks the company’s first dividend since debut on Tadawul last October.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
01/06/2022 30/06/2022 21/07/2022 562.95 0.77
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

390.00
(7.60) (1.91 %)

Valuation Data (Latest Share Price)

P/E (TTM) More than 100
P/E Before Unusual Items (TTM) More than 100
P/BV 15.43
Dividend Yield 0.18 %
Market Cap. (M) 285,698.40
Return on Average Assets 3.28 %
Return on Average Equity 9.13 %

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.