eXtra to pay 12.5% dividend for H2 2018

09/04/2019 Argaam

 

United Electronics Company’s (eXtra) board of directors decided to pay a 12.5 percent cash dividend (SAR 1.25 per share) for the second half of fiscal year 2018.

 

The firm paid a 7.5 percent dividend for H1 2018 before hiking capital to SAR 500 million in September.
 

Dividend Details (H2 2018)

Current Capital

SAR 500 mln

Number of shares

50 mln

Dividend

SAR 62.5 mln

Percentage of capital

12.5% (SAR 1.25 per share)

Record date

April 21, 2019

Payment date

May 5, 2019

Dividend for FY 2018

Total dividend

SAR 94 mln

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