SASCO plans 2% additional cash dividend for 2020

28/03/2021 Argaam Exclusive

Saudi Automotive Services Co.’s (SASCO) board of directors recommended an additional 2% cash dividend for 2020, at SAR 0.2 per share, amounting to SAR 12 million, the company said in a bourse statement. 

Dividend Details

Current Capital 

SAR 600 mln 

Number of shares 

60 mln  

Dividend 

SAR 12 mln 

Percentage of capital 

2% (SAR 0.2 per share) 

Record date  

Shareholders registered in the Securities Depository Center (Edaa) at the end of the second trading day following the general assembly, date of which will be announced later.

Payment date  

To be determined 

Dividend Details (2020) 

Dividend 

SAR 36 mln 

Percentage of capital 

6% (SAR 0.6 per share) 

 

The date and method of dividend distribution will be announced later after the approval of the recommendation by the general assembly.

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
28/03/2021 16/06/2021 05/07/2021 12.00 0.17
27/10/2020 03/11/2020 18/11/2020 24.00 0.34
14/05/2020 22/06/2020 05/07/2020 60.00 0.86
20/03/2019 22/04/2019 02/05/2019 30.00 0.43
13/03/2018 22/05/2018 12/06/2018 27.00 0.39
29/12/2015 20/04/2016 10/05/2016 27.00 0.39
27/11/2014 01/12/2014 17/12/2014 33.75 0.48
16/07/2014 23/07/2014 14/08/2014 33.75 0.48
24/02/2014 29/04/2014 25/05/2014 33.75 0.48
14/02/2013 07/05/2013 25/05/2013 22.50 0.32
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend Cash dividend per share (SAR) * The stock price at the beginning of the period (SAR) Return on the base price
Last 3 Financial years 2.01 14.43 13.96 %
Last 5 Financial years 2.83 15.93 17.75 %
Last 10 Financial years 4.98 9.69 51.44 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

51.40
(1.20) (2.28 %)
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Valuation Data (Latest Share Price)

P/E (TTM) 35.47
P/E Before Unusual Items (TTM) More than 100
P/BV 4.06
Dividend Yield 1.68 %
Market Cap. (M) 3,598.00
Return on Average Assets 1.67 %
Return on Average Equity 11.83 %

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