Al Hammadi board declares 4% cash dividend for Q2 2022

02/06/2022 Argaam Exclusive

Al Hammadi Company for Development and Investment’s board of directors declared today, June 2, a 4% cash dividend, or SAR 0.40 per share, for Q2 2022.

 

Dividend Details (Q2 2022)

Current Capital

SAR 1.2 bln

Number of Shares

120 mln

Total Dividend

SAR 48 mln

Percentage of Capital

4% (SAR 0.4 per share)

Record Date

June 8, 2022 (Shareholders registered with the Securities Depository Center Co. (Edaa) on the second trading day following the due date)

Payment Date

June 19, 2022

 

Dividend Details (2022)

Total Dividend

SAR 96 mln

Percentage of Capital (%)

8% (SAR 0.80 per share)

 

In March, the company's board of directors recommended a 33% capital increase to SAR 1.6 billion from SAR 1.2 billion by issuing one bonus share for every three shares held, according to data available with Argaam.

 

Shareholders will vote on the matter at the extraordinary general assembly meeting planned for June 20.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
02/06/2022 08/06/2022 19/06/2022 48.00 0.30
24/03/2022 10/04/2022 19/04/2022 48.00 0.30
11/11/2021 09/12/2021 26/12/2021 72.00 0.45
28/03/2021 19/05/2021 31/05/2021 60.00 0.38
11/12/2017 26/12/2017 02/01/2018 90.00 0.56
24/02/2016 29/05/2016 31/08/2016 90.00 0.56
19/01/2015 15/04/2015 06/05/2015 75.00 0.47
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 2.08 15.85 13.09 %
Last 5 Financial years 2.08 27.69 7.49 %
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

40.05
0.15 0.38 %

Valuation Data (Latest Share Price)

P/E (TTM) 19.67
P/E Before Unusual Items (TTM) 24.26
P/BV 3.31
Dividend Yield 2.36 %
Market Cap. (M) 6,416.00
Return on Average Assets 12.50 %
Return on Average Equity 17.28 %

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