Al Hammadi approves dividend for FY 2017

27/12/2017 Argaam

Al Hammadi Company for Development and Investment’s shareholders approved on Tuesday a recommendation from the board to distribute a 7.5 percent cash dividend (SAR 0.75 per share) for fiscal year 2017.

 

Cash Dividend Details (2017)

Current capital

SAR 1.2 bln

Number of shares

120 mln shares

Cash dividend

SAR 90 mln

Percent capital

7.5% (SAR 0.75/share)

Record date

End of second day after General Assembly meeting

Payment date

After 15 days


 

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