SAIC to pay dividend for H1 2020 on Sept. 15

06/09/2020 Argaam

Saudi Advanced Industries Co. (SAIC) will pay 2.5% cash dividend (SAR 0.25 per share) to shareholders for the first half of 2020 on Sept. 15, 2020, instead of Sept. 16, through Al Rajhi Bank, the Saudi firm said in a bourse filing on Sunday.

 

Dividend Details (H1 2020)

Current Capital

SAR 500 mln

Number of shares

50 mln shares

Dividend

SAR 12.5 mln

Percentage of capital

2.5% (SAR 0.25 per share)

Record date

August 30, 2020 (including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend)

Payment date

September 15, 2020

 

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