Northern Cement board approves 2.5% cash dividend for H1 2022

03/10/2022 Argaam Exclusive

Northern Region Cement Co.’s board of directors approved a 2.5% cash dividend, or SAR 0.25 per share, for the first half of 2022, the company said in a statement to Tadawul.

 

Dividend Details (H1 2022)

Current Capital

SAR 1.8 bln

Number of Shares

180 mln

Dividend

SAR 45 mln

Percentage of Capital

2.5% (SAR 0.25 per share)

Record Date

Oct. 9, 2022 (Shareholders registered with the Securities Depository Center by the close of the second trading day following the record date).

Payment Date

Oct. 23, 2022

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
03/10/2022 09/10/2022 23/10/2022 45.00 0.25
28/03/2022 10/04/2022 20/04/2022 45.00 0.25
04/08/2021 10/08/2021 24/08/2021 45.00 0.25
09/03/2021 14/03/2021 28/03/2021 45.00 0.25
30/08/2020 03/09/2020 27/09/2020 45.00 0.25
10/08/2016 14/08/2016 28/08/2016 81.00 0.45
26/01/2016 16/03/2016 14/04/2016 90.00 0.50
22/07/2015 30/07/2015 31/08/2015 108.00 0.60
25/02/2015 05/04/2015 27/04/2015 162.00 0.90
17/09/2014 22/09/2014 29/09/2014 180.00 1.00
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 1.50 11.96 12.54 %
Last 5 Financial years 1.50 10.46 14.34 %
Last 10 Financial years 6.95 30.00 23.17 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

Valuation Data (Latest Share Price)

P/E (TTM) 21.94
P/E Before Unusual Items (TTM) 57.37
P/BV 0.71
Dividend Yield 2.37 %
Market Cap. (M) 1,614.60
Return on Average Assets 2.13 %
Return on Average Equity 3.25 %

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