Saudi Arabia Refineries Co.'s (SARCO) board of directors recommended a 7.5 % cash dividend, at SAR 0.75 per share, for 2020.
The ordinary general meeting (OGM) agenda will be announced later after obtaining the approval of the competent authorities, the company said in a bourse filing.
|
Dividend Details |
|
|
Current Capital |
SAR 150 mln |
|
Number of shares |
15 mln shares |
|
Dividend |
SAR 11.25 mln |
|
Percentage of capital |
7.5% (equivalent to SAR 0.75 per share) |
|
Record date |
Shareholders owning shares at the end of the trading day of the OGM and registered in shareholders’ register with the Securities Depository Center Co. (Edaa) at the end of the second day |
|
Payment date |
To be announced later |
| P/E (TTM) | NEG |
| P/E Before Unusual Items (TTM) | NEG |
| P/BV | 2.84 |
| Dividend Yield | 0.00 % |
| Market Cap. (M) | 1,080.00 |
| Return on Average Assets | (2.83 %) |
| Return on Average Equity | (2.88 %) |
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