SISCO board plans 4% cash dividend for H1 2021

12/08/2021 Argaam Exclusive

Saudi Industrial Services Co.’s (SISCO) board of directors recommended a 4% cash dividend, or SAR 0.40 per share, for the first half of 2021.

Dividend Details

Current Capital

SAR 816.0 mln

Number of shares

81.60 mln

Dividend

SAR 32.64 mln

Percentage of capital

4% (SAR 0.40 per share)

Record date

Shareholders of record on the general assembly meeting date, who are registered at Edaa by the close of the second trading day following the meeting date)

Payment date

To be determined later

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Valuation Data (Latest Share Price)

P/E (TTM) More than 50
P/E Before Unusual Items (TTM) 43.22
P/BV 1.74
Dividend Yield 2.60 %
Market Cap. (M) 2,598.96
Return on Average Assets 0.54 %
Return on Average Equity 2.02 %

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