The BOD of Saudi Arabia Fertilizers Company (SAFCO) recommended 60% cash dividends (SAR 6/share) and 33.33% stock dividends (1 share for each 3 shares) for H1 2012, as shown in the following tables:
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Stock Dividends details |
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SAR 2500 |
Current capital |
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250m shares |
Number of shares |
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33.33% (1 share for each 3 shares) |
Capital raise (%) |
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SAR 3333.33 mn |
New capital |
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333.33 mn shares |
# of Shares after raise |
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Extraordinary GA meeting day |
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cash dividends details |
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SAR 1500 mn |
H1 cash dividends |
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60% ( SAR 6/share) |
% of capital |
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August, 1, 2012 |
Record date |
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August, 11, 2012 |
Payment date |
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