Arriyadh Development plans 8% dividend for H216
Arriyadh Development Co.’s board of directors has recommended an 8 percent cash dividend to be issued at the rate of SAR 0.80 per share for the second half of 2016.
This takes the total cash dividend for the fiscal year 2016 to SAR 1.30 per share.
|
Cash Dividend Details (H2-2015) |
|
|
Current capital |
SAR 1.33 bln |
|
Number of shares |
133.3 mln |
|
Total Cash dividend |
SAR 106.66 mln |
|
Percent capital |
8% (SAR 0.80/share) |
|
Record date |
General assembly |
|
Payment day |
To be determined later |
|
Dividend for FY 2016 |
|
|
Total cash dividend |
SAR 173.33 mln |
|
Percent of capital |
13% (SAR 1.30/share) |
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