The General Assembly of Al Sagr Cooperative Insurance Company approved 5% cash dividends (SAR 0.50/share), as shown in the following table:

 Cash dividends details

SAR 250 mn

Current capital

25 mn shares

Number of shares

SAR 12.5 mn

Cash dividends

5% ( SAR 0.50/share)

% of capital

June, 17, 2014

Record date

Determined later 

Payment date
 

According to the data available on “Argaam”, this is the first time that Al Sagr Cooperative Insurance Co. distributes cash dividends to shareholders since its listing in the market in February 2008, but last year the company distributed 25% bonus shares.

The GA also approved all listed items on its agenda.

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