Buruj to pay 10% cash dividend on Dec. 16

04/12/2019 Argaam

Buruj Cooperative Insurance Co. will pay on Dec. 16 cash dividend at 10%, or SAR 1 per share, the fiscal year 2018, the company said in a bourse statement.

 

There is no relevant financial impact at present, the statement added.

 

Last week, Buruj shareholders approved a 10% cash dividend for the fiscal year 2018.

 

Dividend Details (FY 2018)

Current Capital

SAR 300 mln

Number of shares

30 mln

Dividend

SAR 30 mln

Percentage of capital

10% (SAR 1 per share)

Record date

November 27, 2019

Payment date

Dec. 16, 2019

 

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