Care approves 10% dividend for FY 2018

24/04/2019 Argaam

National Medical Care Co.’s (Care) shareholders have approved a 10 percent cash dividend for the fiscal year 2018, during the general assembly meeting held on April 23, 2019.

 

Shareholders also approved stopping setting aside 10 percent from net profit as statutory deposit as the deposit has exceeded 30 percent of paid in capital.

 

Dividend Details (FY 2018)

Current Capital

SAR 448.5 mln

Number of shares

44.85 mln

Dividend

SAR 44.85 mln

Percentage of capital

10% (SAR 1 per share)

Record date

April 23, 2019

Payment date

May 9, 2019

 

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