SACO plans 5% dividend for H1 2020

26/07/2020 Argaam Exclusive

Saudi Co. for Hardware’s (SACO) board of directors recommended a 5% cash dividend for the first half of 2020, at SAR 0.5 per share, amounting to SAR 18 million.

Dividend Details (H1 2020)

Current Capital

SAR 360 mln

Number of shares

36 mln

Dividend

SAR 18 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

August 16, 2020 (including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend)

Payment date

August 30, 2020

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Saudi Company for Hardware
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Valuation Data (Latest Share Price)

P/E (TTM) 20.32
P/E Before Unusual Items (TTM) 56.94
P/BV 2.86
Dividend Yield 0.00 %
Market Cap. (M) 1,075.68
Return on Average Assets 4.31 %
Return on Average Equity 15.16 %

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