SASCO shareholders approve 2% additional cash dividend for 2020

17/06/2021 Argaam Exclusive

Shareholders of Saudi Automotive Services Co. (SASCO) approved the board of directors’ recommendation on distributing additional cash dividends to shareholders for 2020, at 2% of capital, or SAR 0.2, during the ordinary general meeting (OGM) held on June 16, according to a bourse filing.

Dividend Details

Current Capital

SAR 600 mln

Number of shares

60 mln

Total dividend

SAR 12 mln

Percentage of capital

2% (SAR 0.2 per share)

Record date

June 16, 2021

Payment date

To be determined

 

Dividend (2020)

Total dividend

SAR 36 mln

Percentage of capital

6% (SAR 0.6 per share)

Shareholders also authorized the board of directors to pay interim dividend on a quarterly or semi-annual basis for 2021.

Kindly, you can view the full report by subscribing to the and the report contains details, historical information, and charts

78.00
(0.60) (0.76 %)

Valuation Data (Latest Share Price)

P/E (TTM) 54.86
P/E Before Unusual Items (TTM) More than 100
P/BV 6.48
Dividend Yield 1.68 %
Market Cap. (M) 5,460.00
Return on Average Assets 1.63 %
Return on Average Equity 11.61 %

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.