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Astra plans 5% cash dividend
AI Summary
Astra Industrial Group’s board of directors has recommended paying a 5 percent dividend at SAR 0.5 a share, totaling SAR 40 million for FY17.
The dividend proposal is subject to regulatory approval, the company said in a bourse filing.
Shareholders of record on the general assembly meeting are entitled to receive dividend.
The payment date will be announced later.
|
Cash Dividend Details (FY 2017) |
|
|
Current Capital |
SAR 800 mln |
|
Number of shares |
80 mln |
|
Cash dividend |
SAR 40 mln |
|
Percent capital |
5% (SAR 0.5 per share) |
|
Record date |
General assembly meeting |
|
Payment date |
To be determined |
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