Makkah Construction recommends 20% dividend for FY17/18

02/04/2018 Argaam

 

Makkah Construction and Development Co.’s board of directors has recommended a 20 percent cash dividend for the fiscal year ended January 2018, at SAR 2 per share, amounting to SAR 329.6 million.

 

Cash Dividend Details (FY 2017/2018)

Current Capital

SAR 1.648 bln

Number of shares

164.8 mln

Cash dividend

SAR 329.6 mln

Percent capital

20% (SAR 2 per share)

Record date

Second trading day following general assembly meeting

Payment date

To be determined

 

Saudi Arabia (Tadawul)

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