The general assembly of Saudi Airlines Catering Co. approved the BOD's recommendation to distribute 17.5% cash dividends to shareholders (SAR 1.75/share) for Q4 2013, as shown in the following table:
|
Cash dividends details |
||
|
|
SAR 820 mn |
Current capital |
|
|
82 mn shares |
Number of shares |
|
|
SAR 143.5 mn |
Q4 cash dividends |
|
|
17.5% (SAR 1.75/share) |
% of capital |
|
|
March, 31, 2014 |
Record date |
|
|
April, 13, 2014 |
Payment date |
|
2013 dividends |
||
|
|
SAR 451 mn |
Total dividends |
|
|
55% (SAR 5.5/share) |
% of capital |
The GA also authorized the company’s BOD to make periodic dividends’ recommendations and approved all items included in the agenda.
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