Saudi Vitrified Clay Pipes Co.’s (SVCP) board of directors recommended a 10% cash dividend for the second half of 2019, at SAR 1 per share, amounting to SAR 15 million.
The dividend is the first distribution since FY 2017, according to data compiled by Argaam.
|
Dividend Details (FY 2019) |
|
|
Current Capital |
SAR 150 mln |
|
Number of shares |
15 mln |
|
Dividend |
SAR 15 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
Dec. 31, 2019 |
|
Payment date |
Jan. 8, 2020 |
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