Al-Babtain’s board recommends dividend for Q416

07/03/2017 Argaam

The board of directors of Al-Babtain Power & Telecommunications Co. has recommended 10 percent cash dividend (SAR 1 per share) for the fourth quarter 2016 bringing the total dividend for the fiscal year 2016 to SAR 2 per share.

 

Cash Dividend Details (Q4-2016)

Current capital

SAR 426 mln

Number of shares

42.6 mln

Cash dividend

SAR 42.6 mln

Percent capital

10% (SAR 1/share)

Record date

March 16, 2016

Payment day

To be announced later

 

Dividend for FY 2016

Total cash dividend

SAR 85.2 mln

Percent of capital

20% (SAR 2/share)

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