Arriyadh Development recommends 8% dividend for H2 2017

04/03/2018 Argaam

Arriyadh Development Company’s board of directors on March 1 recommended an 8 percent cash dividend for the second half of fiscal year 2017, at SAR 0.8 per share, amounting to SAR 106.6 million.

 

Cash Dividend Details (H2 2017)

Current Capital

SAR 1.33 bln

Number of shares

133.3 mln

Cash dividend

SAR 106.67 mln

Percent capital

8% (SAR 0.8 per share)

Record date

General assembly meeting

Payment date

To be determined

Dividend for FY 2017

Total cash dividend

SAR 173.34 mln

Percent of capital

13% (SAR 1.3/share)

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