Saudi Vitrified Clay Pipes Co.’s (SVCP) board of directors has recommended a 15 percent cash dividend for the second half of 2017 (SAR 1.5 per share) amounting to SAR 22.5 million.
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Cash Dividend Details (H2 2017) |
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Current capital |
SAR 150 mln |
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Number of shares |
15 mln |
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Cash dividend |
SAR 22.5 mln |
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Percent capital |
15% (SAR 1.5 per share) |
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Record date |
December 31, 2017 |
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Payment date |
January 21, 2018 |
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Dividend for FY 2017 |
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Total cash dividend |
SAR 45 mln |
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Percent of capital |
30% (SAR 3/share) |
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