BATIC Investment & Logistics Co.’s general assembly approved a 2.5 percent cash dividend for first quarter 2017 at SAR 0.25 per share, amounting to SAR 6 million.
Shareholders also delegated the company’s board to issue quarterly dividend regulatory procedures by the Capital Market Authority (CMA).
|
Cash Dividend Details (Q1-2017) |
|
|
Current Capital |
SAR 240 mln |
|
Number of shares |
24 mln |
|
Cash dividend |
SAR 6 mln |
|
Percent capital |
2.5% (SAR 0.25 per share) |
|
Record date |
June 6, 2017 |
|
Payment date |
June 20, 2017 |
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