Saudi Electricity to discuss 7% cash dividend for FY 2018

03/04/2019 Argaam

Saudi Electricity Co.'s (SEC) shareholders will discuss on April 30 the board's recommendation to issue a 7 percent cash dividend for the fiscal year that ended Dec. 31, 2018.

 

Dividend Details ( 2018)

Current Capital

SAR 41.66 bln

Number of shares

4.2 bln

Dividend

SAR 749.3 mln

Percentage of capital

7% (SAR 0.70 per share)

Record date

April 30

Payment date

15 days of record date

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