SISCO shareholders to vote on 8% dividend for 2020 on May 5

13/04/2021 Argaam

Saudi Industrial Services Co.’s (SISCO) shareholders will vote on the board’s recommendation of distributing a 8% cash dividend for 2020, during the ordinary general meeting that will be held on May 5, 2021.

 

Dividend Details

Current Capital

SAR 816 mln

Number of shares

81.6 mln

Dividend

SAR 65.28 mln

Percentage of capital

8% (equivalent to SAR 0.80 per share)

Record date

End of second trading day following the general assembly meeting

Payment date

To be announced

 

They will vote on the consolidated financial statements, as well as board and audit reports for 2020, the company said in a bourse statement.

 

Shareholders will also vote on discharging members of the board of directors from liabilities during 2020 and other items on the agenda including related party transactions.

 

Shareholders can vote on the agenda items as of May 1, 2021, through Tadawulaty services.

 

 

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