National Shipping Company of Saudi Arabia (Bahri) will pay 10% cash dividend, or SAR 1 per share, for the second half of 2019 on May 10, 2020, through Riyad Bank, the company said in a bourse filing on Thursday.
On April 20, shareholders approved the board’s recommendation to distribute 10% cash dividend for H2 2019.
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Dividend Details (H2 2019) |
|
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Current Capital |
SAR 3.97 bln |
|
Number of shares |
393.75 mln |
|
Dividend |
SAR 393.75 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
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Record date |
April 20 (Shareholders of record at Edaa on the second trading day following the eligibility date) |
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Payment date |
May 10, 2020 |
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Dividend Details (FY 2019) |
|
|
Dividend |
SAR 590.63 mln |
|
Percentage of capital |
15% (SAR 1.5 per share) |
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