The National Shipping Company of Saudi Arabia’s (Bahri) general assembly has approved a 15 percent cash dividend for fiscal year 2017, at SAR 1.5 per share, amounting to SAR 590.63 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 (2017)

Current Capital

SAR 3.9375 bln

Number of shares

393.75 mln

Cash dividend

SAR 590.63 mln

Percent capital

15% (SAR 1.5 per share)

Record date

April 17, 2018

Payment date

May 3, 2018

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