United Wire Factories Co.’s (Aslak) general assembly approved on Sunday a 6.5 percent cash dividend (SAR 0.65 per share) for the second half of 2016, the company said in a statement.
The general assembly has also given the company’s board the greenlight to issue dividends for fiscal year 2017.
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Cash Dividend Details (H2 2016) |
|
|
Current Capital |
SAR 438.75 mln |
|
Number of shares |
43.88 mln shares |
|
Cash dividend |
SAR 28.52 mln |
|
Percent capital |
6.5% (SAR 0.65/share) |
|
Record date |
March 26, 2017 |
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Payment day |
April 10, 2017 |
|
|
|
|
Dividend for FY 2016 |
|
|
Total cash dividend |
SAR 72.39 mln |
|
Percent of capital |
16.5% (SAR 1.65/share) |
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