SPIMACO recommends 10% dividend for FY17

22/03/2018 Argaam

Saudi Pharmaceutical Industries and Medical Appliances Co.’s (SPIMACO) board of directors has recommended a 10 percent cash dividend for fiscal year 2017, at SAR 1 per share, amounting to SAR 120 million.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 1.2 bln

Number of shares

120 mln

Cash dividend

SAR 120 mln

Percent capital

10% (SAR 1 per share)

Record date

Second trading day following general assembly meeting

Payment date

To be determined

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