Saudi Pharmaceutical Industries and Medical Appliances Co.’s (SPIMACO) general assembly has approved a 10 percent cash dividend for the fiscal year 2017, at SAR 1 per share, amounting to SAR 120 million.
Shareholders also authorized the board of directors to distribute cash dividend on a semi-annually or quarterly basis, in accordance with corporate rules and regulations.
|
Cash Dividend Details (FY 2017) |
|
|
Current Capital |
SAR 1.2 bln |
|
Number of shares |
120 mln |
|
Cash dividend |
SAR 120 mln |
|
Percent capital |
10% (SAR 1 per share) |
|
Record date |
April 19, 2018 |
|
Payment date |
To be determined |
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