The National Shipping Company of Saudi Arabia’s (Bahri) general assembly has approved a 15 percent cash dividend for fiscal year 2017, at SAR 1.5 per share, amounting to SAR 590.63 million.
Shareholders also delegated the company’s board of directors to issue semi-annual or quarterly dividend for fiscal year of 2018 according to corporate rules and regulations.
|
Cash Dividend Details (2017) |
|
|
Current Capital |
SAR 3.9375 bln |
|
Number of shares |
393.75 mln |
|
Cash dividend |
SAR 590.63 mln |
|
Percent capital |
15% (SAR 1.5 per share) |
|
Record date |
April 17, 2018 |
|
Payment date |
May 3, 2018 |
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