Electrical Industries to withhold dividend for FY 2018

19/03/2019 Argaam

Electrical Industries Co.’s board of directors has recommended to hold off on issuing a cash dividend for fiscal year 2018 in order to strengthen the company’s financial position.

 

The decision is pending approval by the company’s general assembly.

 

The company had distributed SAR 1 per share cash dividend for FY 2017, Argaam reported earlier.

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