Almunajem shareholders approve 20% cash dividend for 2021

02/06/2022 Argaam Exclusive

Almunajem Foods Co.’s shareholders approved the distribution of SAR 120 million cash dividend, at 20%, or SAR 2.00 a share, for 2021, during an extraordinary general assembly meeting held on June 1, the company said in a statement to Tadawul.

 

Dividend Details

Current capital

SAR 600 mln

Number of shares

60 mln

Dividend

SAR 120 mln

Issue percentage

20% (or SAR 2 per share)

Record date

June 1, 2022 (for shareholders registered with the Securities Depository Center at the end of the second trading day following the record date)

Payment date

To be announced later

 

Shareholders also authorized the board of directors to pay interim dividends on a quarterly or semi-annually basis for 2022.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
27/03/2022 01/06/2022 12/06/2022 120.00 2.00
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

97.70
(1.30) (1.31 %)

Valuation Data (Latest Share Price)

P/E (TTM) 19.54
P/E Before Unusual Items (TTM) 19.54
P/BV 5.47
Dividend Yield 4.41 %
Market Cap. (M) 5,862.00
Return on Average Assets 18.37 %
Return on Average Equity 29.45 %

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