Baazeem plans 17% dividend for FY17

05/03/2018 Argaam

Baazeem Trading Co.’s (Baazeem) board of directors has recommended a 17 percent cash dividend for fiscal year 2017, at SAR 1.7 per share after zakat, amounting to around SAR 17.21 million, the Nomu-listed company said in a bourse statement.

 

According to data compiled by Argaam, Baazeem paid cash dividend of SAR 17.21 million for fiscal year 2016 at SAR 1.7 per share.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 101.25 mln

Number of shares

10.13 mln

Cash dividend

SAR 17.21 mln

Percent capital

17% (SAR 1.7 per share)

Record date

General assembly meeting

Payment date

To be determined

 

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