SACO plans 10% dividend for H2 2018

27/02/2019 Argaam

Saudi Company for Hardware’s (SACO) board of directors has recommended a 10 percent cash dividend for the second half of 2018, at SAR 1 per share, amounting to SAR 38 million.

 

Dividend Details (H2 2018)

Current Capital

SAR 360 mln

Number of shares

36 mln

Dividend

SAR 36 mln

Percentage of capital

10% (SAR 1 per share)

Record date

April 3, 2019

Payment date

April 17, 2019

Dividend for FY 2018

Total dividend

SAR 60 mln

Percentage of capital

16.7% (SAR 1.67/share)

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