MEPCO to pay H1 dividend on Nov. 14

04/11/2018 Argaam

Middle East Paper Co. (MEPCO) said it will pay cash dividend for the first half of 2018 on Nov. 14, 2018.

 

 Shareholders of record on Nov. 1, 2018, including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend, the company said in a bourse statement.

 

Last month, the company’s board of directors recommended a 5 percent cash dividend for the first half of 2018, at SAR 0.5 per share, amounting to SAR 25 million, according to data compiled by Argaam.

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