SASCO to pay FY 2018 dividend on May 2

Saudi Automotive Services Co. (SASCO) said it will pay cash dividend for the fiscal year 2018 on May 2, 2019.

Shareholders of record on April 22, including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend, the company said in a bourse statement.

Earlier this month, the company’s shareholders approved a 5 percent cash dividend at SAR 0.5 per share for the fiscal year 2018, according to data compiled by Argaam.