Thob Al Aseel Co.’s board has recommended a 40 percent cash dividend to be issued at SAR 4 per share for fiscal year 2017, amounting to SAR 60 million.
In a separate bourse statement, the company said that it has formed the board’s nominations and remunerations committee for the current three-year term ending on Sept. 4, 2021.
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Cash Dividend Details (FY 2017) |
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Cash dividend |
SAR 60 mln |
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Percent capital |
40% (SAR 4 per share) |
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Record date |
May 27, 2018 |
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Payment date |
Within 15 days from record date. |
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