The general assembly of L’Azurde Company for Jewelry has approved a 5 percent cash dividend (SAR 0.50 per share) for fiscal year 2016.

 

This is the first time the jeweler issues a dividend since listing on the Saudi exchange in June 2016.

 

Cash Dividend Details (2016)

Current capital

SAR 430 mln

Number of shares

43 mln

Cash dividend

SAR 21.5 mln

Percent capital

5% (SAR 0.50/share)

Record date

April 10, 2017

Payment day

To be announced

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