Electrical Industries plans 9% dividend for FY16

15/03/2017 Argaam

The board of directors of Electrical Industries Co. has recommended a 9 percent cash dividend to be paid at the rate of SAR 0.90 per share for fiscal year 2016, the company said in a statement to Tadawul.

 

Cash Dividend Details (FY16)

SAR 450 mln

Current Capital

45 mln

Number of shares

SAR 40.5 mln

Total cash dividend

9% (SAR 0.90/share)

Percent capital

General assembly date; to be determined

Record date

To be announced later

Payment day

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