Saudi Clay Pipes recommends 15% cash dividend for Q2-2015

06/04/2015 Argaam

Saudi Vitrified Clay Pipes Company’s board of directors recommended on Monday a 15 percent cash dividend to be issued at SAR 1.5 per share for second quarter.

 

 Cash Dividend Details

SAR 150 mln

Current capital

15 mln shares

Number of shares

SAR 22.5 mln

Cash dividend

15% ( SAR 1.5/share)

Percent of capital

June 30, 2015

Record date

July 14, 2015

Payment day

H1 Dividend

SAR 45 mln

Total dividend

30% ( SAR 3/share)

Percent of capital

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