City Cement board declares 4% cash dividend for H1 2022

08/09/2022 Argaam Exclusive

City Cement Co.’s board of directors declared, on Sept. 7, a 4% cash dividend, at SAR 0.40 per share, for the first half of 2022.

Dividend Details (H1 2022)

Current Capital

SAR 1.4 bln

Number of shares

140 mln

Dividend

SAR 56 mln

Percentage of capital

4% (SAR 0.40 per share)

Record date

Sept. 12, 2022 (Shareholders registered at Edaa by the close of the second trading day following the record date)

Payment date

Sept. 26, 2022

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
08/09/2022 12/09/2022 26/09/2022 56.00 0.40
10/03/2022 17/03/2022 30/03/2022 70.00 0.50
12/08/2021 19/08/2021 02/09/2021 105.00 0.75
28/02/2021 07/03/2021 21/03/2021 70.00 0.50
08/11/2020 11/11/2020 25/11/2020 140.00 1.00
03/03/2019 04/04/2019 16/04/2019 75.68 0.54
28/03/2018 03/05/2018 17/05/2018 75.68 0.54
18/01/2017 29/03/2017 10/04/2017 47.30 0.34
26/07/2016 01/08/2016 15/08/2016 141.90 1.01
04/02/2016 17/04/2016 03/05/2016 47.30 0.34
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 3.65 18.00 20.28 %
Last 5 Financial years 4.19 11.77 35.60 %
Last 10 Financial years 10.81 17.40 62.14 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

17.64
0.04 0.23 %

Valuation Data (Latest Share Price)

P/E (TTM) 19.18
P/E Before Unusual Items (TTM) 19.18
P/BV 1.41
Dividend Yield 3.86 %
Market Cap. (M) 2,469.60
Return on Average Assets 6.96 %
Return on Average Equity 7.35 %

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