Dur Hospitality Co.’s (Dur) general assembly on Thursday approved a 3 percent cash dividend for the second half of 2017, at SAR 0.3 per share, amounting to SAR 30 million.
Shareholders also approved distributing dividend on a semi-annual or quarterly basis for the year 2018, Dur said in a bourse statement.
|
Cash Dividend Details (H2 2017) |
|
|
Current Capital |
SAR 1 bln |
|
Number of shares |
100 mln |
|
Cash dividend |
SAR 30 mln |
|
Percent capital |
3% (SAR 0.3 per share) |
|
Record date |
April 1, 2018 |
|
Payment date |
To be determined |
|
Dividend for FY 2017 |
|
|
Total cash dividend |
SAR 70 mln |
|
Percent of capital |
7% (SAR 0.7/share) |
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