SACO recommends 15% dividend for H217

11/02/2018 Argaam

Saudi Co. for Hardware’s (SACO) board has recommended a 15 percent cash dividend (SAR 1.5 per share) for the second half of 2017 amounting to SAR 36 million.

 

Cash Dividend Details (H2 2017)

Current capital

SAR 240 mln

Number of shares

24 mln

Cash dividend

SAR 36 mln

Percent capital

15% (SAR 1.5 per share)

Record date

March 4, 2018

Payment date

March 21, 2018

Dividend for FY 2017

Total cash dividend

SAR 78 mln

Percent of capital

32.5% (SAR 3.25/share)

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