The Saudi Automotive Services and Equipment Company (SASCO) decided to distribute dividends to the company's shareholders for the first half of the fiscal year 2021, with a total of 18 million riyals, for 60 million shares.
According to Arabiya Net, the company said in a statement that the share's share of the distribution is 0.30 riyals, with a distribution ratio to the nominal value of the share 3%.
Eligibility is for the shareholders who own the shares on the due date, the end of trading on Sunday, September 19, 2021, and who are registered in the company's shareholder register with the Securities Depository Center Company, as a deposit at the end of the second day Trading after the due date.
The date and method of distribution will be announced later.
The net profit of the Saudi Automotive Services Company and SASCO, after zakat and tax, increased by 172.07% in the second quarter of this year, to reach 12.08 million riyals, Compared to about 4.44 million riyals, profits for the same quarter of 2020.
