SHARACO General Assembly approves 7% cash dividends (SAR 0.70/share) for H2 of 2013

24/03/2014 Argaam

The general assembly of Saudi Hotels & Resort Areas Co. approved the BOD's recommendation to distribute 7% cash dividends to shareholders (SAR 0.70/share) for the second half of 2013, as shown in the following table:

 Cash dividends details

SAR 1000 mn

Current capital

100 mn shares

Number of shares

SAR 70 mn

H-2 cash dividends

7% (SAR 0.70/share)

% of capital

March, 30, 2014

Record date

To be determined later

Payment date

 2013 dividends

SAR 120 mn

Total dividends

12% (SAR 1.20/share)

% of capital
 

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