Bahri approves 15% dividend for FY 2018
15/04/2019
Argaam
The National Shipping Company of Saudi Arabia's (Bahri) shareholders have approved a 15 percent cash dividend for the fiscal year 2018, at SAR 1.5 per share, amounting to SAR 590.63 million.
Shareholders have also delegated the company’s board of directors to distribute cash dividend for the fiscal year 2019 on a semi-annual or a quarterly basis.
|
Dividend Details (FY 2018) |
|
|
Current Capital |
SAR 3.9375 bln |
|
Number of shares |
393.75 mln |
|
Dividend |
SAR 590.63 mln |
|
Percentage of capital |
15% (SAR 1.5 per share) |
|
Record date |
April 14, 2019 |
|
Payment date |
To be determined |
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