Saudi Arabia Fertilizers Company’s (SAFCO) board of directors recommended on Wednesday a 10 percent cash dividend to be issued at SAR 1 per share for the second half of 2016.
In 2015, the company had paid cash dividend at SAR 6 per share.
|
Cash Dividend Details (FY16) |
|
|
Current Capital |
SAR 4,166.7 mln |
|
Number of shares |
416.7 mln shares |
|
Cash dividend |
SAR 416.67 mln |
|
Percent capital |
10% (SAR 1 share) |
|
Record date |
General assembly meeting (March) |
|
Payment day |
To be announced |
|
2016 Dividend |
|
|
Total dividend |
SAR 1.041 bln |
|
Percentage of capital |
25% (SAR 2.5 share) |
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