Arabian Shield approves 20% dividend for FY16

02/04/2017 Argaam

Arabian Shield Cooperative Insurance Co.’s general assembly has approved a 20 percent cash dividend (SAR 2 per share) for fiscal year 2016, the insurer said in a statement to Tadawul.

 

Cash Dividend Details (FY 2016)

Current capital

SAR 200 mln

Number of shares

20 mln

Cash dividend

SAR 40 mln

Percent capital

20% (SAR 2/share)

Record date

March 30, 2017

Payment day

To be determined

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