SASCO board recommends 4% dividend for 9M 2020

27/10/2020 Argaam Exclusive

Saudi Automotive Services Co. (SASCO) board of directors recommended today, Oct. 27, a 4%, or SAR 0.40 per share, cash dividend for the first nine months of 2020.

Dividend Details (9M 2020)

Current Capital

SAR 600 mln

Number of shares

60 mln

Dividend

SAR 24 mln

Percentage of capital

4% (SAR 0.4 per share)

Record date

Nov. 3 (Including registered shareholders at the Securities Depository Center (Edaa) at the end of second trading day following due date)

Payment date

To be announced later

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81.80
(3.10) (3.65 %)

Valuation Data (Latest Share Price)

P/E (TTM) 56.52
P/E Before Unusual Items (TTM) More than 100
P/BV 6.75
Dividend Yield 1.68 %
Market Cap. (M) 5,726.00
Return on Average Assets 1.65 %
Return on Average Equity 11.98 %

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