Saudi Arabia Fertilizers Co.’s (SAFCO) general assembly approved a 10 percent cash dividend for the second half of 2017, at SAR 1.00 per share, amounting to SAR 416.67 million.
Shareholders also delegated the board of directors to distribute dividend for fiscal year 2018 and determine eligibility and payment date in accordance with rules and regulations of the Capital Market Authority (CMA).
|
Cash Dividend Details (H2 2017) |
|
|
Current capital |
SAR 4.167 bln |
|
Number of shares |
416.7 mln |
|
Cash dividend |
SAR 416.7 mln |
|
Percent capital |
10% (SAR 1.00 per share) |
|
Record date |
March 19, 2018 |
|
Payment date |
April 2, 2018 |
|
Dividend for FY 2017 |
|
|
Total cash dividend |
SAR 729.17 mln |
|
Percent of capital |
17.5% (SAR 17.5/share) |
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