Bahri to pay 10% dividend for H2 2019 on May 10

23/04/2020 Argaam

National Shipping Company of Saudi Arabia (Bahri) will pay 10% cash dividend, or SAR 1 per share, for the second half of 2019 on May 10, 2020, through Riyad Bank, the company said in a bourse filing on Thursday.

 

On April 20, shareholders approved the board’s recommendation to distribute 10% cash dividend for H2 2019.

 

Dividend Details (H2 2019)

Current Capital

SAR 3.97 bln

Number of shares

393.75 mln

Dividend

SAR 393.75 mln

Percentage of capital

10% (SAR 1 per share)

Record date

April 20 (Shareholders of record at Edaa on the second trading day following the eligibility date)

Payment date

May 10, 2020

 

Dividend Details (FY 2019)

Dividend

SAR 590.63 mln

Percentage of capital

15% (SAR 1.5 per share)

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