Saudi Ground Services plans 13% dividend for H216

29/12/2016 Argaam

Saudi Ground Services Co. (SGS) has recommended distributing a 13 percent cash dividend at SAR 1.30 per share for the second half of 2016, the company said in a statement.

This takes the total dividend for full year 2016 to SAR 2.60 per share.

Cash Dividend Details (H2-2016)

Total  amount

SAR 244.4 mln

Percent of capital

13% (SAR 1.30/share)

Record date

General assembly day

Payment day

To be determined

Dividend for FY-2016

Total cash dividend

SAR 488.8 mln

Percent of capital

26% (SAR 2.60/share)


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