Saudi Company for Hardware’s (SACO) shareholders are set to vote on a 10 percent cash dividend for the second half of 2018, during the general assembly meeting that will be held on April 30, 2019.
Shareholders will also vote on delegating the company’s board to distribute cash dividend for the fiscal year 2019.
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Dividend Details (H2 2018) |
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Current Capital |
SAR 360 mln |
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Number of shares |
36 mln |
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Dividend |
SAR 36 mln |
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Percentage of capital |
10% (SAR 1 per share) |
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Record date |
April 30, 2019 |
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Payment date |
April 17, 2019 |
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Dividend for FY 2018 |
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Total dividend |
SAR 60 mln |
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Percentage of capital |
16.7% (SAR 1.67/share) |
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