Al Yamamah Steel plans 5% dividend for H2 2017

22/01/2018 Argaam

Al Yamamah Steel Industries Co.’s board of directors has recommended a 5 percent cash dividend for the second half of 2017, to be issued at SAR 0.5 per share, amounting to SAR 25.4 million.

 

Cash Dividend Details (H2 2017)

Current Capital

SAR 508 mln

Number of shares

50.8 mln shares

Cash dividend

SAR 25.4 mln

Percent capital

5% (SAR 0.5 per share)

Record date

Jan. 28, 2018

Payment date

Feb. 18, 2018

Dividend for 2017

Total cash dividend

SAR 76.2 mln

Percent of capital

15% (SAR 1.5/share)

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