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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