Arriyadh Development plans 8% dividend for H216

15/01/2017 Argaam

Arriyadh Development Co.’s board of directors has recommended an 8 percent cash dividend to be issued at the rate of SAR 0.80 per share for the second half of 2016.

This takes the total cash dividend for the fiscal year 2016 to SAR 1.30 per share. 

Cash Dividend Details (H2-2015)

Current capital

SAR 1.33 bln

Number of shares

133.3 mln

Total Cash dividend

SAR 106.66 mln

Percent capital

8% (SAR 0.80/share)

Record date

General assembly

Payment day

To be determined later

Dividend for FY 2016

Total cash dividend

SAR 173.33 mln

Percent of capital

13% (SAR 1.30/share)


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