Saudi Industrial Investment Group (SIIG) will pay a 5% cash dividend (SAR 0.5 per share) to shareholders for the first half of 2021 on July 15, the company said in a bourse statement.
Shareholders of record on June 30, including those registered at the Securities Depository Center (Edaa) two days after this date, are eligible to receive the dividend.
|
Dividend Details (H1 2021) |
|
|
Current Capital |
SAR 4.5 bln |
|
Number of shares |
450 mln |
|
Dividend |
SAR 225 mln |
|
Percentage of capital |
5% (SAR 0.50 per share) |
|
Record date |
June 30, 2021 (Shareholders of record at Edaa on the end of the second trading day following the due date) |
|
Payment date |
July 15, 2021 |
The company said in a bourse statement that dividend distribution will be processed to eligible shareholders through Riyad Bank branches and dividend will be transferred to shareholders’ bank accounts linked to their portfolios.
On June 3, SIIG’s board of directors recommended to distribute a 5% cash dividend to shareholders for H1 2021, at SAR 0.5 per share, amounting to SAR 225 million, Argaam reported.
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