Buruj Cooperative Insurance Co.’s board of directors on Thursday recommended a 5 percent cash dividend to be issued at the rate of SAR 0.5 per share for fiscal year 2016 – its first payout since listing.
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Cash Dividend Details (2016) |
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Current capital |
SAR 250 mln |
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Number of shares |
25 mln |
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Cash dividend |
SAR 12.50 mln |
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Percent capital |
5% (SAR 0.5/share) |
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Record date |
General assembly meeting – to be announced later |
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Payment day |
To be announced later |
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