Nomu-listed Baazeem Trading Co.’s board of directors on Thursday has recommended a 15 percent cash dividend for fiscal year 2018, at SAR 1.50 per share, amounting to SAR 15.2 million.
The company’s shareholders earlier approved a 17 percent cash dividend (SAR 1.7 per share) for fiscal year 2017, amounting to SAR 17.21 million, Argaam reported.
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Cash Dividend Details (2018) |
|
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Current capital |
SAR 101.25 mln |
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Eligible shares |
10.13 mln |
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Cash dividend |
SAR 15.19 mln |
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Percent capital |
15% (SAR 1.5/share) |
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Record date |
On the second day after the general assembly meeting |
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Payment day |
To be determined later on |
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