SISCO shareholders approve 4% cash dividend for H1 2021

04/11/2021 Argaam Exclusive

Saudi Industrial Services Co.'s (SISCO) shareholders approved the board's recommendation to distribute a 4% cash dividend, or SAR 0.40 per share, for the first half of 2021, during the ordinary general meeting (OGM) held on Nov.3, according to a bourse filing.

Dividend Details

Current Capital

SAR 816 mln

Number of shares

81.60 mln

Dividend

SAR 32.64 mln

Percentage of capital

4% (SAR 0.40 per share)

Record date

Nov. 3, 2021 (Shareholders registered in the company's register at the Securities Depository Center for trading at the end of the second trading day following the due date)

Payment date

Nov. 23, 2021

Shareholders also approved authorizing the board of directors to distribute interim dividends on a quarterly or semi-annual basis for 2021.

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Sustained Infrastructure Holding Co.
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Valuation Data (Latest Share Price)

P/E (TTM) 97.34
P/E Before Unusual Items (TTM) 49.44
P/BV 1.99
Dividend Yield 2.60 %
Market Cap. (M) 2,974.32
Return on Average Assets 0.54 %
Return on Average Equity 2.02 %

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