Aslak’s board proposes dividend for H216

26/02/2017 Argaam

The board of directors of United Wire Factories Co. (Aslak) has recommended a 6.5 percent cash dividend (SAR 0.65 per share) for the second half of 2016, bringing the total dividend issued for the full year to SAR 1.65 per share.

 Cash Dividend Details (H2 2016)

Current capital

SAR 438.75 mln

Number of shares

43.88 mln

Cash dividend

SAR 28.52 mln

Percent capital

6.5% (SAR 0.65/share)

Record date

General assembly meeting- to be announced later

Payment day

To be announced later

Dividend for FY 2016

Total cash dividend

SAR 72.39 mln

Percent of capital

16.5% (SAR 1.65/share)


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