Dur Hospitality plans 4.5% dividend for H216

07/02/2017 Argaam

The board of directors of Dur Hospitality Co. on Tuesday recommended a 4.5 percent cash dividend to be issued at the rate of SAR 0.45 per share for the second half of 2016.

 

This takes the total dividend for full year 2016 to SAR 0.90 per share.

 

Cash Dividend Details (H216)

Current Capital

SAR 1 bln

Number of shares

100 mln

Cash dividend

SAR 45 mln

Percent capital

4.5% (SAR 0.45/share)

Record date

General assembly meeting- to be announced later

Payment day

To be announced later

 

Dividend for FY 2016

Total cash dividend

SAR 90 mln

Percent of capital

9% (SAR 0.90/share)

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