Saudi Electricity recommends 7% dividend for FY17

21/03/2018 Argaam

 

Saudi Electricity Co.’s (SEC) board of directors has recommended a 7 percent cash dividend for fiscal year 2017, at SAR 0.7 per share, amounting to SAR 547 million.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 41.67 bln

Number of shares

4.17 bln

Number of eligible shares

781.8 mln

Cash dividend

SAR 547 mln

Percent capital

7% (SAR 0.7 per share)

Record date

Second trading day following general assembly meeting

Payment date

To be determined

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