SASCO board approves 2.5% cash dividend for H1 2024

05/09/2024 Argaam Exclusive

Saudi Automotive Services Co.’s (SASCO) board of directors approved, on Sept. 4, a 2.5% cash dividend (SAR 0.25 per share) for the first half of 2024, the company said in a statement to Tadawul.

 

Dividend Details (H1 2024)

Current capital 

SAR 700 mln 

Number of shares 

70 mln  

Dividend 

SAR 17.5 mln 

Percentage of capital 

2.5% (SAR 0.25 per share) 

Record date  

Sept. 15, 2024 (Shareholders registered with the Securities Depository Center (Edaa) by the close of the second trading day following the record date.)

Payment date  

Sept. 30, 2024

Dividend History (SAR/share) Corporate Actions

Announcement Ex-Dividend Payment Dividends
(M Riyal)
Dividends * Notes
05/09/2024 15/09/2024 30/09/2024 17.50 0.25
28/03/2024 09/06/2024 01/07/2024 45.00 0.64
11/10/2023 16/10/2023 06/11/2023 30.00 0.43
19/12/2022 25/12/2022 05/01/2023 30.00 0.43
05/09/2022 08/09/2022 21/09/2022 30.00 0.43
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
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 2.57 25.84 9.95 %
Last 5 Financial years 3.94 14.43 27.32 %
Last 10 Financial years 6.11 14.41 42.39 %
Based on the beginning of the period (January 1 of the base year)

Historical Dividends

77.50
(0.20) (0.26 %)

Valuation Data (Latest Share Price)

P/E (TTM) 54.508
P/E Before Unusual Items (TTM) More than 100
P/BV 6.44
Dividend Yield 1.68 %
Market Cap. (M) 5,425.00
Return on Average Assets 1.63 %
Return on Average Equity 11.61 %

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