Al Sagr Cooperative Insurance Co.’s general assembly has approved a 7.5 percent cash dividend for the fiscal year 2017, at SAR 0.75 per share, amounting to SAR 18.75 million.
Shareholders also approved writing off bad debts amounting to SAR 1.05 million.
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Cash Dividend Details (FY 2017) |
|
|
Current Capital |
SAR 250 mln |
|
Number of shares |
25 mln |
|
Cash dividend |
SAR 18.75 mln |
|
Percent capital |
7.5% (SAR 0.75 per share) |
|
Record date |
June 28, 2018 |
|
Payment date |
To be determined |
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