AI Summary
Saudi Automotive Services Co.’s (SASCO) shareholders approved the board’s recommendation to distribute a 10% cash dividend, at SAR 1 per share, for the fiscal year 2019, during the ordinary general meeting (OGM) held on June 22, according to a bourse filing.
|
Dividend Details (FY2019) |
|
|
Current Capital |
SAR 600 mln |
|
Number of shares |
60 mln |
|
Dividend |
SAR 60 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
June 22, 2020 (Shareholders registered with the Securities Depository Center at the end of the second trading day) |
|
Payment date |
To be determined later |
Moreover, shareholders authorized the board to pay interim dividends on a semi-annual or quarterly basis for FY2020.
| P/E (TTM) | 70.40 |
| P/E Before Unusual Items (TTM) | 82.81 |
| P/BV | 4.41 |
| Dividend Yield | - |
| Market Cap. (M) | 3,895.50 |
| Return on Average Assets | 0.84 % |
| Return on Average Equity | 6.52 % |
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