Al Hokair Tourism plans 6.5% dividend for H216

22/01/2017 Argaam

The board of directors of Abdulmohsen Alhokair group for Tourism and Development Company recommended on Thursday a 6.5 percent cash dividend to be issued at the rate of SAR 0.65 per share for the second half of 2016.

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

Cash Dividend Details (H2-2016)

Current Capital

SAR 550 mln

Number of shares

55 mln

Cash dividend

SAR 35.75 mln

Percent capital

6.5% (SAR 0.65/share)

Record date

February 2, 2017

Payment day

To be announced later

Dividend for FY 2016

Total cash dividend

SAR 71.50 mln

Percent of capital

13% (SAR 1.30/share)


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