Shareholders of Saudi Automotive Services Co. (SASCO) approved the board of directors’ recommendation on distributing additional cash dividends to shareholders for 2020, at 2% of capital, or SAR 0.2, during the ordinary general meeting (OGM) held on June 16, according to a bourse filing.
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Dividend Details |
|
|
Current Capital |
SAR 600 mln |
|
Number of shares |
60 mln |
|
Total dividend |
SAR 12 mln |
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Percentage of capital |
2% (SAR 0.2 per share) |
|
Record date |
June 16, 2021 |
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Payment date |
To be determined |
|
Dividend (2020) |
|
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Total dividend |
SAR 36 mln |
|
Percentage of capital |
6% (SAR 0.6 per share) |
Shareholders also authorized the board of directors to pay interim dividend on a quarterly or semi-annual basis for 2021.
| P/E (TTM) | 46.63 |
| P/E Before Unusual Items (TTM) | More than 100 |
| P/BV | 5.51 |
| Dividend Yield | 1.68 % |
| Market Cap. (M) | 4,641.00 |
| Return on Average Assets | 1.63 % |
| Return on Average Equity | 11.61 % |
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