Saudi Industrial Services Co.’s (SISCO) board of directors recommended a 8% cash dividend for 2020, at SAR 0.80 per share, amounting to SAR 65.28 million.
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Dividend Details |
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Current Capital |
SAR 816 mln |
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Number of shares |
81.6 mln |
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Dividend |
SAR 65.28 mln |
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Percentage of capital |
8% (equivalent to SAR 0.80 per share) |
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Record date |
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Payment date |
To be announced |
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The utilization of the proceeds expected from the sale of the 21.2% direct equity stake in Red Sea Gateway Terminal Ltd. (RSGT), and any additional potential distribution to the shareholders, will be announced in due course, following an assessment by the board on SISCO’s ongoing investment requirements and the short and long term interests of both SISCO and its shareholders, the company said in the statement to Tadawul.
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | 45.40 |
| P/BV | 1.68 |
| Dividend Yield | 2.60 % |
| Market Cap. (M) | 2,439.84 |
| Return on Average Assets | (0.23 %) |
| Return on Average Equity | (0.89 %) |
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