eXtra approves cash dividend for H1 2018

02/05/2019 Argaam

 

United Electronics Co.’s (eXtra) general assembly has approved a distributed cash dividend of 7.5 percent for the first half of 2018, at SAR 0.75 per share, amounting to SAR 31.5 million.

 

Shareholders have also delegated the company’s board of directors to distribute dividend for FY 2019.

 

Dividend Details (H1 2018)

Current Capital

SAR 420 mln

Number of shares

42 mln

Dividend

31.5 mln

Percentage of capital

7.5% (SAR 0.75 per share)

*The company’s capital has increased to SAR 50 mln after distribution.

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