SIIG plans 5% cash dividend for FY17

08/10/2017 Argaam

Saudi Industrial Investment Group’s (SIIG) board of directors has recommended a 5 percent cash dividend to be issued at the rate of SAR 0.50 per share for the fiscal year 2017.

 

The board also decided to declare semi-annual dividends which would be decided before the end of each half-year period.

 

Cash Dividend Details (2017)

Current Capital

SAR 4.5 bln

Number of shares

450 mln

Cash dividend

SAR 225 mln

Percent capital

5% (SAR 0.50/share)

Record date

Dec. 31, 2017

Payment day

To be announced

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