Zahrat Al Waha for Trading Co.’s shareholders approved on Nov. 21 a 7.5% cash dividend for H1 2019, at SAR 0.75 per share, amounting to SAR 11.25 million, the company said in a bourse statement.
The board was also authorized to distribute biannual or quarterly dividends for fiscal year 2019.
|
Dividend Details (H1 2019) |
|
|
Current Capital |
SAR 150 mln |
|
Number of shares |
15 mln |
|
Dividend |
SAR 11.25 mln |
|
Percentage of capital |
7.5% (SAR 0.75 per share) |
|
Record date |
Nov. 21, 2019 |
|
Payment date |
To be announced in 15 days |
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