SAIC plans dividend for 9M 2018

30/12/2018 Argaam

 

Saudi Advanced Industries Co.’s (SAIC) board of directors has recommended a 2.5 percent cash dividend for the first nine months of 2018, at SAR 0.25 per share, amounting to SAR 12.5 million.

 

Dividend Details (9M 2018)

Current Capital

SAR 500 mln

Number of shares

50 mln

Dividend

SAR 12.5 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

Feb. 28, 2019

Payment date

To be determined (during Q1 2019)

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