MEPCO plans 5% dividend for H2 2018

10/03/2019 Argaam

 

Middle East Paper Co.’s (MEPCO) board of directors has recommended a 5 percent cash dividend for the second half of 2018, at SAR 0.50 per share, amounting to SAR 25 million.

 

Dividend Details (H2 2018)

Current Capital

SAR 500 mln

Number of shares

50 mln

Dividend

SAR 25 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

March 11, 2019

Payment date

March 25, 2019

Dividend for FY 2018

Total dividend

SAR 50 mln

Percentage of capital

10% (SAR 1/share)

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