Sahara Petrochemical Co.’s general assembly has approved a 10 percent cash dividend for the fiscal year 2017, at SAR 1 per share, amounting to SAR 438.8 million.
During the meeting, shareholders also named board members for the upcoming three-year term starting on June 27, 2018.
The new board will include, Abdulaziz Al Zamil, Jabr Al-Jabr, Usamah Al Zamil, Said Al-Esayi, Saleh Bahmdan, Rashid Al-Ghurair, Ahmed Al-Duwayan, Mohammed Al-Musalim, Khaid Al-Shuwuier, Saleh Al Humaidan, and Ali Al-Ghamdi.
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Cash Dividend Details (FY 2017) |
|
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Current Capital |
SAR 4.388 bln |
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Number of shares |
438.8 mln |
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Cash dividend |
SAR 438.8 mln |
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Percent capital |
10% (SAR 1 per share) |
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Record date |
April 19,2018 |
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Payment date |
May 2, 2018 |
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