NCB plans 12% dividend for H2 2019

26/12/2019 Argaam Exclusive

National Commercial Bank’s (NCB) board of directors recommended a 12% cash dividend for the second half of 2019, at SAR 1.2 per share, amounting to SAR 3.6 billion.

Dividend Details (H2 2019)

Current Capital

SAR 30 bln

Number of shares

 3 bln

Dividend

SAR 3.6 bln

Percentage of capital

12% (SAR 1.2 per share after Zakat)

Record date

General assembly meeting

Payment date

To be determined

Total Dividend (FY 2019)

Dividend

SAR 6.9 bln

Percentage of capital

23% (SAR 2.3 per share)

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
26/12/2019 31/03/2020 09/04/2020 3,600.00 0.90
29/07/2019 01/08/2019 21/08/2019 3,300.00 0.82
23/12/2018 10/04/2019 24/04/2019 3,288.35 0.82
30/07/2018 02/08/2018 12/08/2018 2,989.41 0.74
31/12/2017 15/05/2018 29/05/2018 1,196.88 0.30
15/06/2017 18/06/2017 06/07/2017 2,196.59 0.55
29/01/2017 07/05/2017 14/05/2017 1,996.90 0.50
27/07/2016 02/08/2016 17/08/2016 1,200.00 0.30
24/12/2015 05/04/2016 20/04/2016 1,496.00 0.37
09/07/2015 13/07/2015 30/07/2015 1,596.00 0.40
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 4.12 21.28 19.34 %
Last 5 Financial years 5.68 27.85 20.39 %
Last 10 Financial years N/A N/A N/A
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

33.35
0.25 0.76 %

Valuation Data (Latest Share Price)

P/E (TTM) 9.71
P/E Before Unusual Items (TTM) 9.71
P/BV 1.19
Dividend Yield 4.53 %
Market Cap. (M) 200,100.00
Return on Average Assets 1.91 %
Return on Average Equity 12.83 %

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.