Northern Cement board plans 2.5% cash dividend for H2 2022

22/05/2023 Argaam Exclusive

Northern Region Cement Co.’s board of directors recommended today, May 22, paying a cash dividend at 2.5% of capital, or SAR 0.25 a share, for H2 2022, according to a Tadawul statement. 

 

Cash Dividend Details (H2 2022)

Current Capital

SAR 1.8 bln

Number of Shares

180 mln

Total Dividend

SAR 45 mln

Percentage of Capital

2.5% (SAR 0.25 a share)

Record Date

May 31, 2023 (Shareholders registered with Edaa on the second trading day after the record date)

Payment Date

June 15, 2023

 

Cash Dividend Details (2022)

Total Dividend

SAR 90 mln

Percentage of Capital

5% (SAR 0.50 a share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
22/05/2023 31/05/2023 15/06/2023 45.00 0.25
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
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 1.25 11.96 10.45 %
Last 5 Financial years 1.75 8.30 21.08 %
Last 10 Financial years 5.20 23.25 22.37 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

9.06
(0.02) (0.22 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 18.86
P/E Before Unusual Items (TTM) 39.74
P/BV 0.73
Dividend Yield 2.37 %
Market Cap. (M) 1,630.80
Return on Average Assets 2.54 %
Return on Average Equity 3.85 %

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