Red Sea approves 7.5% dividend for FY16

22/05/2017 Argaam

Red Sea International Co.’s shareholders have approved a 7.5 percent cash dividend (SAR 0.75 per share) for fiscal year 2016.

 

 Cash Dividend Details (2016)

Current capital

SAR 600 mln

Eligible shares

60 mln

Cash dividend

SAR 45 mln

Percent capital

7.5% (SAR 0.75/share)

Record date

May 21, 2017

Payment day

May 31, 2017

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