The general assembly of Arriyadh Development Co. (ARDCO) has approved an 8 percent cash dividend (SAR 0.80 per share) for the second half of 2017 amounting to SAR 106.7 million.

 

Shareholders also delegated the company’s board of directors to issue semi-annual or quarterly dividend for fiscal year of 2018 according to corporate rules and regulations.

 

Cash Dividend Details (H2-2017)

Current capital

SAR 1333.3 mln

Number of shares

133.3 mln

Cash dividend

SAR 106.67 mln

Percent capital

8% (SAR 0.80/share)

Record date

April 16, 2018

Payment day

May 1, 2018

Dividend for FY 2017

Total cash dividend

SAR 173.34 mln

Percent of capital

13% (SAR 1.30/share)

 

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Market Indices

TASI
11,096.65
(206.11) (1.82 %)
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0012.0012.2512.5012.7513.00
Close : 12.80 | Oct 24, 15:20
More

Quotes

ARDCO
30.70
(0.70) (2.23%)
Created with Highstock 6.0.710:…10:0011:0012:0013:0014:0015:0012.0012.2512.5012.7513.00
Close : 12.80 | Oct 24, 15:20
More


Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website