SASCO recommends 10% cash dividend for FY19

14/05/2020 Argaam Exclusive

Saudi Automotive Services Co.'s (SASCO) board of directors recommended paying cash dividend at 10% of capital, or SAR 1 a share, for FY2019, the company said in a bourse statement.

Dividend Details (FY2019)

Current Capital

SAR 600 mln

Number of shares

60 mln

Dividend

SAR 60 mln

Percentage of capital

10% (SAR 1 per share)

Record date

The second day following the general meeting

Payment date

To be determined later

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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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