Al Sagr Insurance approves 20% dividend for FY16

18/05/2017 Argaam

Al Sagr Cooperative Insurance Company’s shareholders have approved a 20 percent cash dividend (SAR 2 per share) for the fiscal year 2016.

 Cash Dividend Details (2016)

Current capital

SAR 250 mln

Eligible shares

25 mln

Cash dividend

SAR 50 mln

Percent capital

20% (SAR 2/share)

Record date

May 16, 2017

Payment day

To be announced


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