Bawan proposes 2.5% dividend for Q416

27/02/2017 Argaam

The board of directors of Bawan Co. has recommended a 2.5 percent cash dividend (SAR 0.25 per share) for the fourth quarter of 2016, bringing the total dividend issued for the full year to SAR 1.15 per share. 

 

Cash Dividend Details (Q4-2016)

Current capital

SAR 600 mln

Number of shares

60 mln

Cash dividend

SAR 15 mln

Percent capital

2.5% (SAR 0.25/share)

Record date

March 5, 2017

Payment day

March 19, 2017

 

Dividend for FY 2016

Total cash dividend

SAR 69 mln

Percent of capital

11.5% (SAR 1.15/share)

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