SAFCO board proposes dividend for H2 2016

15/02/2017 Argaam

Saudi Arabia Fertilizers Company’s (SAFCO) board of directors recommended on Wednesday a 10 percent cash dividend to be issued at SAR 1 per share for the second half of 2016.

 

In 2015, the company had paid cash dividend at SAR 6 per share.

 

Cash Dividend Details (FY16)

Current Capital

SAR 4,166.7 mln

Number of shares

416.7 mln shares

Cash dividend

SAR 416.67 mln

Percent capital

10% (SAR 1 share)

Record date

General assembly meeting (March)

Payment day

To be announced

2016 Dividend

Total dividend

SAR 1.041 bln

Percentage of capital

25% (SAR 2.5 share)

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