SASCO shareholders approve 2.5% additional cash dividend for 2021

15/06/2022 Argaam Exclusive

Saudi Automotive Services Co.’s (SASCO) shareholders approved the board’s recommendation to pay an additional cash dividend at 2.5% of capital, or SAR 0.25 a share, for 2021, during the ordinary general meeting (OGM) held on June 14, according to a bourse filing.  

 

They also authorized the board to pay interim dividends for 2022 on a semi-annual or quarterly basis, the statement added. 

 

Dividend Details

Current Capital

SAR 600 mln

Number of Shares

60 mln

Total Dividend

SAR 15 mln

Percentage of Capital

2.50% (SAR 0.25 a share)

Record Date

June 14, 2022

Payment Date

June 29, 2022

 

 

Total Dividend (2021)

Total Dividend

SAR 45 mln

Percentage of Capital

7.5% (SAR 0.75 a share)

 

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
14/04/2022 14/06/2022 29/06/2022 15.00 0.21
28/12/2021 02/01/2022 17/01/2022 12.00 0.17
09/09/2021 19/09/2021 04/10/2021 18.00 0.26
28/03/2021 16/06/2021 05/07/2021 12.00 0.17
27/10/2020 03/11/2020 18/11/2020 24.00 0.34
14/05/2020 22/06/2020 05/07/2020 60.00 0.86
20/03/2019 22/04/2019 02/05/2019 30.00 0.43
13/03/2018 22/05/2018 12/06/2018 27.00 0.39
29/12/2015 20/04/2016 10/05/2016 27.00 0.39
27/11/2014 01/12/2014 17/12/2014 33.75 0.48
Historical dividend per share adjusted for the effect of capital changes and bonus shares, if any

Dividend History

Consolidated cash dividend Cash dividend per share (SAR) * The stock price at the beginning of the period (SAR) Return on the base price
Last 3 Financial years 2.01 25.16 8.01 %
Last 5 Financial years 3.30 14.53 22.72 %
Last 10 Financial years 5.52 10.95 50.37 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

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Valuation Data (Latest Share Price)

P/E (TTM) 55.76
P/E Before Unusual Items (TTM) More than 100
P/BV 6.66
Dividend Yield 1.68 %
Market Cap. (M) 5,649.00
Return on Average Assets 1.65 %
Return on Average Equity 11.98 %

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