Saudi Arabia Refineries Co. (SARCO) will pay a 7.5 percent cash dividend for the fiscal year 2018, at SAR 0.75 per share, amounting to SAR 11.25 million for fiscal year 2018 on Wednesday, May 8, the firm said in a bourse statement.
Registered shareholders at Securities Depository Center Co. (Edaa) by the end of the second trading day following the general assembly held on April 24 are entitled to receive the cash dividend, which will be deposited into their accounts, the statement said.
|
Dividend Details (FY 2018) |
|
|
Current Capital |
SAR 150 mln |
|
Number of shares |
15 mln |
|
Dividend |
SAR 11.25 mln |
|
Percentage of capital |
7.5% (SAR 0.75 per share) |
|
Record date |
April 24, 2019 |
|
Payment date |
May 8, 2019 |
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