Sipchem board declares 17.5% cash dividend for H1 2022

29/06/2022 Argaam Exclusive

Sahara International Petrochemical Co.’s (Sipchem) board of directors declared today, June 29, a 17.5% cash dividend, or SAR 1.75 per share for H1 2022.

 

Dividend Details (H1 2022)

Current Capital

SAR 7.333 bln

Number of Shares*

733.33 mln

Total Dividend

SAR 1.270 bln

Percentage of Capital

17.5% (SAR 1.75 per share)

Record Date

July 6, 2022 (Shareholders registered with the Securities Depository Center Co. on the second trading day following the record date)

Payment Date

July 26, 2022

*Number of shares outstanding for distribution is 726.23 million 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
29/06/2022 06/07/2022 27/07/2022 1,270.89 1.75
15/12/2021 20/12/2021 30/12/2021 1,090.74 1.49
23/06/2021 30/06/2021 14/07/2021 550.00 0.75
15/12/2020 24/12/2020 06/01/2021 366.67 0.50
26/09/2019 02/10/2019 16/10/2019 440.00 0.60
24/12/2018 01/01/2019 15/01/2019 238.33 0.65
26/07/2018 01/08/2018 15/08/2018 183.33 0.50
20/12/2017 01/04/2018 15/04/2018 183.33 0.50
29/06/2015 05/07/2015 09/07/2015 220.00 0.60
30/11/2014 31/03/2015 09/04/2015 238.33 0.65
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 5.99 17.94 33.38 %
Last 5 Financial years 7.74 17.17 45.06 %
Last 10 Financial years 11.34 19.25 58.90 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 31.81
P/E Before Unusual Items (TTM) 57.80
P/BV 1.15
Dividend Yield 5.81 %
Market Cap. (M) 17,966.59
Return on Average Assets 2.53 %
Return on Average Equity 3.58 %

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