Kingdom Holding Company’s board of directors agreed on Sunday to issue a 1.25 percent quarterly cash dividend, or five percent for the full year, at 12.5 Halalas per share.
Prince Al-Waleed bin Talal, chairman of the company, gave up his full entitlement of the proposed annual cash distribution, which totaled SAR 1,197 million at 34 Halalas per share, according to the firm’s statement to Tadawul, Saudi Arabia’s bourse.
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Cash Dividend Details |
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SAR 37,058 mln |
Current capital |
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3,706 mln shares |
Number of shares |
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SAR 163.9 mln |
Quarterly Cash dividend |
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1.25% ( 12.5 Halalas/share) |
Percent of capital |
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General Assembly Date |
First payment record date |
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June 30, 2015 |
Second payment record date |
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September 30, 2015 |
Third payment record date |
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December 31, 2015 |
Fourth payment record date |
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Two weeks after eligibility date |
Payment date |
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