Bahri plans 15% dividend for FY 2018

11/12/2018 Argaam

 

The National Shipping Co.’s of Saudi Arabia (Bahri) board of directors has recommended a 15 percent cash dividend for the fiscal year 2018, at SAR 1.5 per share, amounting to SAR 590.63 million.

 

 The company has distributed a 15 percent cash dividend for the fiscal year 2017and 25 percent for the fiscal years 2016 and 2015 while it paid a cash dividend of 10 percent for the fiscal years 2012, 2013 and 2014, according to data available on Argaam.

 

Dividend Details (FY 2018)

Current Capital

SAR 3.9375 bln

Number of shares

393.75 mln

Dividend

SAR 590.63 mln

Percentage of capital

15% (SAR 1.5 per share)

Record date

General Assembly Meeting

Payment date

To be determined

 

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