Al Sagr’s board proposes dividend for FY16

05/03/2017 Argaam

The board of directors of Al Sagr Cooperative Insurance Co. has proposed a 20 percent cash dividend (SAR 2 per share) for fiscal year 2016.

 

 Cash Dividend Details (2016)

Current capital

SAR 250 mln

Eligible shares

25 mln

Cash dividend

SAR 50 mln

Percent capital

20% (SAR 2/share)

Record date

General assembly meeting- To be announced

Payment day

To be announced

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