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SASCO announces SAR 18m dividends for H1

SASCO announces SAR 18m dividends for H1
SASCO will pay SAR 18 million dividends
SASCO
4050
-0.56% 35.30 -0.20

Riyadh – Mubasher: The board of Saudi Automotive Services Company (SASCO) decided to distribute a cash dividend worth SAR 0.3 per share, representing 3% of the share’s par value, for the first half (H1) of 2021.

SASCO will pay SAR 18 million for 60 million eligible shares, according to a disclosure to Tadawul on Thursday.

The listed company will later announce the eligibility and distribution dates.

SASCO achieved nearly 92% annual surge in net profits during H1-21 to SAR 24.09 million.