Saudi Electricity approves 7% dividend for FY 2018

01/05/2019 Argaam

 

Saudi Electricity Co.’s (SEC) general assembly has approved a 7 percent cash dividend for the fiscal year 2018, at SAR 0.7 per share, amounting to SAR 749.3 million.

 

Dividend Details (FY 2018)

Current Capital

SAR 41.67 bln

Number of shares

4.167 bln

Number of eligible shares

1.07 bln

Dividend

SAR 749.3 mln

Percentage of capital

7% (SAR 0.7 per share)

Record date

April 30, 2019

Payment date

May 12, 2019

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