AI Summary
Shareholders of Saudi Automotive Services Co. (SASCO) approved the board of directors’ recommendation on distributing additional 2% cash dividend for 2020, at SAR 0.2 per share, during the ordinary general meeting (OGM) held on June 16, according to a bourse filing.
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Dividend Details |
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Current Capital |
SAR 600 mln |
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Number of shares |
60 mln |
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Total dividend |
SAR 12 mln |
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Percentage of capital |
2% (SAR 0.2 per share) |
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Record date |
June 16, 2021 |
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Payment date |
To be determined |
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Dividend (2020) |
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Total dividend |
SAR 36 mln |
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Percentage of capital |
6% (SAR 0.6 per share) |
Shareholders will also discuss authorizing the board of directors to pay interim dividend on a quarterly or semi-annual basis for 2021.
| P/E (TTM) | 66.03 |
| P/E Before Unusual Items (TTM) | 77.68 |
| P/BV | 4.14 |
| Dividend Yield | - |
| Market Cap. (M) | 3,654.00 |
| Return on Average Assets | 0.84 % |
| Return on Average Equity | 6.52 % |
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