SARCO plans 5% dividend for FY17

01/03/2018 Argaam

Saudi Arabia Refineries Co.’s (SARCO) board of directors has recommended a 5 percent cash dividend for the fiscal year 2017, at SAR 0.5 per share, amounting to SAR 7.5 million.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 150 mln

Number of shares

15 mln

Cash dividend

SAR 7.5 mln

Percent capital

5% (SAR 0.5 per share)

Record date

General assembly meeting

Payment date

To be determined

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