Kingdom Holding to pay 5% dividend for FY16

12/04/2017 Argaam

The board of directors of Kingdom Holding Co. has approved issuing 5 percent cash dividend for the full year 2016 in four quarterly payments of 1.25 percent (SAR 0.125 per share).

 

The dividend was determined, after Prince Alwaleed Bin Talal, KHC’s chairman, waived his share in the proposed full-year dividend of SAR 0.34 per share, totaling SAR 1.19 billion, the company said in a statement.

 

Cash Dividend Details

Current capital

SAR 37,058 mln

Number of shares

3,706 mln

Cash dividend for every quarter

SAR 163.9 mln

Percent capital

1.25% (SAR 0.125/share)

Record date for Q1

April 12, 2017

Payment day for Q1

April 23, 2017

Record date for Q2

June 30, 2017

Record date for Q3

September 30, 2017

Record date for Q4

December 31, 2017

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