Buruj Cooperative Insurance Co.’s shareholders approved a 10% cash dividend for the fiscal year 2018, at SAR 1 per share, during the general assembly meeting held on November 27, 2019.
Meanwhile, they approved amending bylaws related to the remunerations of the board of directors and board committees, as well as updating corporate governance.
|
Dividend Details (FY 2018) |
|
|
Current Capital |
SAR 300 mln |
|
Number of shares |
30 mln |
|
Dividend |
SAR 30 mln |
|
Percentage of capital |
10% (SAR 1 per share) |
|
Record date |
November 27, 2019 |
|
Payment date |
Within 15 days |
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