SACO’s board recommends dividend for H1 2017

27/07/2017 Argaam

Saudi Company for Hardware’s (SACO) board of directors has recommended a 17.5 percent cash dividend for the first half of 2017, at SAR 1.75 per share, amounting to SAR 42 million.

 

 Cash Dividend Details (H1 2017)

Current Capital

SAR 240 mln

Number of shares

24 mln shares

Cash dividend

SAR 42 mln

Percent capital

17.5% (SAR 1.75 per share)

Record date

Sep. 20, 2017

Payment date

Oct. 12, 2017

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