Saudi Ground Services approves H2 2018 dividend

25/04/2019 Argaam

 

Saudi Ground Services Co.’s shareholders have approved an 8 percent cash dividend for the second half of 2018, at SAR 0.8 per share, during the general assembly meeting that was held on April 24, 2019.

 

Shareholders have also elected board members for the upcoming three-year starting on May 6, 2019.

 

Meanwhile, they have delegated the company’s board to declare dividend for FY 2019.

 

Dividend Details (H2 2018)

Current Capital

SAR 1.88 bln

Number of shares

188 mln

Dividend

SAR 150.4 mln

Percentage of capital

8% (SAR 0.8 per share)

Record date

April 24, 2019

Payment date

May 8, 2019

Dividend for FY 2018

Total dividend

SAR 394.8 mln

Percentage of capital

21% (SAR 2.1/share)

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