The board of directors of L’azurde For Jewelry Co. has recommended a 5 percent cash dividend (SAR 0.5 per share) for fiscal year 2016, the company said in a statement.
This is the first time the jeweler issues dividend since listing in June 2016.
|
Cash Dividend Details (FY16) |
|
|
SAR 430 mln |
Current Capital |
|
43 mln shares |
Number of shares |
|
SAR 21.5 mln |
Cash dividend |
|
5% (SAR 0.5/share) |
Percent capital |
|
General assembly |
Record date |
|
To be announced |
Payment day |
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