SPIMACO recommends 10% dividend for H2 2018

05/03/2019 Argaam

Saudi Pharmaceutical Industries and Medical Appliances Co.’s (SPIMACO) board of directors has recommended a 10 percent cash dividend for the second half of 2018, at SAR 1 per share, amounting to SAR 120 million.
 

Dividend Details (H2 2018)

Current Capital

SAR 1.2 bln

Number of shares

120 mln

Dividend

SAR 120 mln

Percentage of capital

10% (SAR 1 per share)

Record date

General assembly meeting- Q1 2019

Payment date

To be determined

Dividend for FY 2018

Total dividend

SAR 180 mln

Percentage of capital

15% (SAR 1.5/share)

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