Arab Sea Information Systems Co.’s board of directors has recommended a 5 percent cash dividend for the fiscal year 2017, at SAR 0.5 per share, amounting to SAR 5 million.
The dividend if the first to be issued by Arab Sea since its listing on the Nomu parallel market in February last year.
|
Cash Dividend Details (FY 2017) |
|
|
Current Capital |
SAR 100 mln |
|
Number of shares |
10 mln |
|
Cash dividend |
SAR 5 mln |
|
Percent capital |
5% (SAR 0.5 per share) |
|
Record date |
Second trading day following the general assembly meeting in H1 2018 |
|
Payment date |
To be determined |
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