Kingdom Holding Company’s board of directors agreed on Sunday to issue a 1.25 percent quarterly cash dividend, or five percent for the full year, at 12.5 Halalas per share.

Prince Al-Waleed bin Talal, chairman of the company, gave up his full entitlement of the proposed annual cash distribution, which totaled SAR 1,197 million at 34 Halalas per share, according to the firm’s statement to Tadawul, Saudi Arabia’s bourse.

 

 Cash Dividend Details

SAR 37,058 mln

Current capital

3,706 mln shares

Number of shares

SAR 163.9 mln

  Quarterly Cash dividend

1.25% ( 12.5 Halalas/share)

Percent of capital

General Assembly Date

First payment record date

June 30, 2015

Second payment record date

September 30, 2015

Third payment record date

December 31, 2015

Fourth payment record date

Two weeks after eligibility date

Payment date

 

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