Saudi Electricity approves 7% dividend for FY17

26/06/2018 Argaam

 

The general assembly of Saudi Electricity Co. (SEC) has approved a 7 percent cash dividend for the fiscal year 2017, at SAR 0.7 per share, amounting to SAR 547 million.

 

Dividend Details (FY 2017)

Current Capital

SAR 41.67 bln

Number of shares

4.167 bln

Number of eligible shares

781.8 mln

Dividend

SAR 547 mln

Percentage of capital

7% (SAR 0.7 per share)

Record date

June 25, 2018

Payment date

July 17, 2018

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