SARCO’s shareholders to vote on a 10% dividend for FY2019 on April 21

Saudi Arabia Refineries Co. (SARCO) invited its shareholders to vote on a 10% cash dividend (SAR 1 per share) for the fiscal year 2019 in the general assembly meeting that will be held on April 21 through Tadawulaty system, the company said in a bourse statement.

Shareholders will also vote on the audit and board reports for the fiscal year 2019 as well as the audited financial statements for the same period.

The Capital Market Authority (CMA) issued circular earlier enabling shareholders to participate and vote on related meeting agenda through Tadawulaty system in line with the government’s effort to prevent spread of coronavirus (Covid-19).