Saudi Industrial Investment Group’s (SIIG) board of directors on Tuesday decided against distributing cash dividends for fiscal year 2015, the company said in a statement to Tadawul.
The decision was due to a decline in profits for the period from subsidiaries, current economic conditions and tighter liquidity.
The industrial group paid a 10 percent cash dividend at SAR 1 per share (10%) dividends for FY-2014, according to data available on Argaam.
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