Al-Babtain plans 5% dividend for Q3 2017

28/11/2017 Argaam

 

Al-Babtain Power and Telecommunication Co.’s board of directors has recommended a 5 percent cash dividend for the third quarter of 2017, at SAR 0.5 per share, amounting to SAR 21.3 million.

 

Cash Dividend Details (Q3 2017)

Current Capital

SAR 426 mln

Number of shares

42.6 mln shares

Cash dividend

SAR 21.3 mln

Percent capital

5% (SAR 0.5 per share)

Record date

Dec. 7, 2017

Payment date

To be determined

Dividend for 9M 2017

Total cash dividend

SAR 63.9 mln

Percent of capital

15% (SAR 1.5/share)

 

 

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