SAPTCO plans 5% dividend for FY17

29/01/2018 Argaam

Saudi Public Transport Co.’s (SAPTCO) board of directors has recommended a 5 percent cash dividend (SAR 0.5 per share) for fiscal year 2017, amounting to SAR 62.5 million, the company said in a statement to Tadawul.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 1.25 bln

Number of shares

125 mln

Cash dividend

SAR 62.5 mln

Percent capital

5% (SAR 0.5 per share)

Record date

General assembly meeting

Payment date

To be determined

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