Al-Babtain plans 5% dividend for Q417

01/04/2018 Argaam

 

Al-Babtain Power & Telecommunication Co. (Al-Babtain) board of directors has recommended a 5 percent cash dividend for the fourth quarter of 2017, at SAR 0.5 per share, amounting to SAR 21.3 million.

 

Cash Dividend Details (Q4 2017)

Current Capital

SAR 426 mln

Number of shares

42.6 mln

Cash dividend

SAR 21.3 mln

Percent capital

5% (SAR 0.5 per share)

Record date

April 10, 2018

Payment date

To be determined

Dividend for FY 2017

Total cash dividend

SAR 85.2 mln

Percent of capital

20% (SAR 2/share)

 

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