Aldrees plans 10% dividend for FY 2018

17/01/2019 Argaam

Aldrees Petroleum and Transport Services Co.’s board of directors has recommended a 10 percent cash dividend for the fiscal year 2018, at SAR 1 per share, amounting to SAR 50 million.

 

Dividend Details (FY 2018)

Current Capital

SAR 500 mln

Number of shares

50 mln

Dividend

SAR 50 mln

Percentage of capital

10% (SAR 1 per share)

Record date

General Assembly Meeting

Payment date

To be determined

 

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