Saudi Electricity plans 7% dividend for FY 2018

13/03/2019 Argaam

Saudi Electricity Co.’s (SEC) board of directors has recommended a 7 percent cash dividend for the fiscal year 2018, at SAR 0.7 per share, amounting to SAR 749.3 million.

 

Dividend Details (FY 2018)

Current Capital

SAR 41.67 bln

Number of shares

4.167 bln

Number of eligible shares

1.07 bln

Dividend

SAR 749.3 mln

Percentage of capital

7% (SAR 0.7 per share)

Record date

General assembly meeting

Payment date

To be determined

 

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