Savola Group’s board of directors recommended on Thursday a 10 percent cash dividend to be issued at SAR 1 per share for fiscal year 2017.
The edible oil producer had earlier said it will not pay quarterly dividend in fiscal year 2017, Argaam reported.
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Cash Dividend Details for FY17 |
|
|
Current Capital |
SAR 5340 mln |
|
Number of shares |
534 mln |
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Cash dividend |
SAR 534 mln |
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Percent of capital |
10% (SAR 1/share) |
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Record date |
The second day after the general assembly meeting date |
|
Payment day |
To be determined later |
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