Al Abdullatif Industrial Investment Co.’s board of directors proposed paying a cash dividend of 5 percent (SAR 0.50 per share) for fiscal year 2017.
The dividend will be financed from retained earnings, the company added in a statement to the Saudi bourse on Thursday.
|
Cash Dividend Details (FY17) |
|
|
Current capital |
SAR 812.50 mln |
|
Number of shares |
81.25 mln |
|
Cash dividend |
SAR 40.625 mln |
|
Percent capital |
5% (SAR 0.50/share) |
|
Record date |
On the second day after the general assembly meeting- |
|
Payment day |
To be announced later |
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