Mouwasat Medical Services Co.’s shareholders approved on Monday a 25 percent cash dividend to be issued at the rate of SAR 2.50 per share for fiscal year 2016.
In addition, the extraordinary general assembly approved a remuneration of SAR 200,000 for each board member for the period.
Shareholders also approved the board of directors’ recommendation to appoint Ernst & Young as statutory auditors for fiscal year 2017.
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Cash Dividend Details (FY16) |
|
|
Current Capital |
SAR 500 mln |
|
Number of shares |
50 mln |
|
Cash dividend |
SAR 125 mln |
|
Percent capital |
25% (SAR 2.50/share) |
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Record date |
April 26 |
|
Payment day |
May 7 |
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