Electrical Industries to withhold dividend for FY 2018

19/03/2019 Argaam

Electrical Industries Co.’s board of directors has recommended to hold off on issuing a cash dividend for fiscal year 2018 in order to strengthen the company’s financial position.

 

The decision is pending approval by the company’s general assembly.

 

The company had distributed SAR 1 per share cash dividend for FY 2017, Argaam reported earlier.

Comments {{getCommentCount()}}

Be the first to comment

{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
{{comment.Replies.length}}
تعديل
loader Train
Report
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.