Savola to issue dividend at SAR 0.50/share for Q2-2015

28/07/2015 Argaam

Savola Group’s board of directors agreed on Tuesday to issue a five percent cash dividend at SAR 0.50 per share for the second quarter of 2015.

 

The announcement came shortly after the food producer posted its second quarter financial results.

 

Cash Dividend Details

SAR 5,340 mln

Current capital

534 mln shares

Number of shares

SAR 267 mln

Cash dividend

5% (SAR 0.50/share)

Percent of capital

August 2, 2015

Record date

August 16, 2015

Payment day

H1-2015 Dividend

SAR 534 mln

Total dividend

10% (SAR 1.00/share)

Percent of capital

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