Abdullah Al Othaim Markets Co.’s board of directors has recommended a 30 percent cash dividend for the fiscal year 2017, at SAR 3 per share, amounting to SAR 135 million.
The company’s board had previously approved a dividend of SAR 2 per share for H1 2017, bringing the total dividend for FY17 to SAR 5 per share.
|
Cash Dividend Details (FY 2017) |
|
|
Current Capital |
SAR 450 mln |
|
Number of shares |
45 mln |
|
Cash dividend |
SAR 135 mln |
|
Percent capital |
30% (SAR 3.00 per share) |
|
Record date |
General assembly meeting |
|
Payment date |
To be determined |
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