SPIMACO to pay FY2019 dividend on June 11

07/06/2020 Argaam

Saudi Pharmaceutical Industries and Medical Appliances Co. (SPIMACO) said it will pay cash dividend for the fiscal year 2019 on June 11, 2020.

 

Shareholders of record on May 14, including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend, the company added in a bourse statement.

 

Last month, SPIMACO’s shareholders approved the board’s recommendation to distribute a 5% cash dividend, or SAR 0.5 per share, for FY2019, according to data compiled by Argaam.

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