The board of directors of Kingdom Holding Co. has approved issuing 5 percent cash dividend for the full year 2016 in four quarterly payments of 1.25 percent (SAR 0.125 per share).
The dividend was determined, after Prince Alwaleed Bin Talal, KHC’s chairman, waived his share in the proposed full-year dividend of SAR 0.34 per share, totaling SAR 1.19 billion, the company said in a statement.
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Cash Dividend Details |
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Current capital |
SAR 37,058 mln |
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Number of shares |
3,706 mln |
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Cash dividend for every quarter |
SAR 163.9 mln |
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Percent capital |
1.25% (SAR 0.125/share) |
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Record date for Q1 |
April 12, 2017 |
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Payment day for Q1 |
April 23, 2017 |
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Record date for Q2 |
June 30, 2017 |
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Record date for Q3 |
September 30, 2017 |
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Record date for Q4 |
December 31, 2017 |
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