Arriyadh Development approves 8% dividend for H2 2016

06/04/2017 Argaam

Arriyadh Development Co.’s general assembly has approved an 8 percent dividend (SAR 0.80 per share) for the second half of 2016, bringing the total dividend for fiscal year 2016 to SAR 1.3 per share.

 

Cash Dividend Details (H2 2016)

Current capital

SAR 1,333.3 mln

Number of shares

133.3 mln

Cash dividend

SAR 106.66 mln

Percent capital

8% (SAR 0.80/share)

Record date

April 5, 2017

Payment day

April 20, 2017

 

Dividend for FY 2016

Total cash dividend

SAR 173.33 mln

Percent of capital

13% (SAR 1.30/share)

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