Al Gassim Investment plans 2.5% dividend for FY 2019

16/12/2019 Argaam Exclusive

Al Gassim Investment Holding Co.’s (GACO) board of directors recommended a 2.5% cash dividend for the fiscal year of 2019, at SAR 0.25 per share, amounting to SAR 7.5 million.

 

This is the second dividend following the one paid by Al Gassim for fiscal year 2017, according to data compiled by Argaam

Dividend Details (FY 2019)

Current Capital

SAR 300 mln

Number of shares

30 mln

Dividend

SAR 7.5 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

General assembly meeting

Payment date

To be determined

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
22/05/2017 04/07/2017 24/07/2017 7.50 0.25
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 0.25 15.82 1.58 %
Last 5 Financial years 0.25 20.02 1.25 %
Last 10 Financial years 0.25 17.17 1.46 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

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Valuation Data (Latest Share Price)

P/E (TTM) NEG
P/E Before Unusual Items (TTM) NEG
P/BV 1.62
Dividend Yield -
Market Cap. (M) 477.60
Return on Average Assets (2.05 %)
Return on Average Equity (3.00 %)

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