Tadawul: 3 firms go ex-dividend, 1 ex-rights today

30/03/2021 Argaam

Tadawul's main screen


Shares of Arab National Bank (ANB), Advanced Petrochemical Co., and Yanbu National Petrochemical Co. (Yansab) have their ex-dividend today, March 30, 2021.

 

Earlier this month, ANB’s board of directors recommended a 4% cash dividend for 2020, at SAR 0.40 per share after deducting Zakat.

 

In December, Advanced’s board of directors recommended a 6.5% cash dividend for the fourth quarter of 2020.

 

Also, Yansab’s board of directors recommended a 12.5% cash dividend for the second half of 2020, at SAR 1.25 per share.

 

Meanwhile, Saudi Ceramic Co. has its ex-rights today. The firm’s board of directors had earlier recommended a 33.3% capital hike to SAR 800 million from SAR 600 million, to be approved by the extraordinary general meeting that will be held today, March 30, 2021.

 

Companies Going Ex-dividend, Ex-rights Today 

Company 

Distribution rate (%) 

Distribution date 

Details 

ANB 

4% cash dividend for 2020 

April 12, 2021 

For more details 

Advanced 

6.5% cash dividend for Q4 2020 

To be determined 

For more details 

Yansab 

12.5% cash dividend for H2 2020 

To be determined 

For more details 

Saudi Ceramic 

33.3% bonus shares 

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For more details 

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