Farm Superstores to pay FY16 dividend on May 23

17/05/2017 Argaam

Saudi Marketing Co. (Farm Superstores) said that it will deposit a cash dividend of 10 percent (SAR 1 per share) for fiscal year 2016 into shareholders’ bank accounts through the National Commercial Bank on May 23. 

 

Earlier this month; the company’s general assembly approved a 10 percent (SAR 1 per share) for fiscal year 2016.

 

 Cash Dividend Details (2016)

Current Capital

SAR 450 mln

Number of shares

45 mln shares

Cash dividend

SAR 45 mln

Percent capital

10% (SAR 1 per share)

Record date

May 4, 2017

Eligibility date

May 8, 2017

Payment date

May 23, 2017

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