Dallah shareholders to vote on 25% dividend May 22

Dallah Healthcare Co.’s shareholders will vote on the board’s proposal for a 25 percent cash dividend, to be issued at SAR 2.5 per share for the fiscal year 2017 on May 22, the company said in a bourse statement.

The dividend will total SAR 147.5 million, and will be distributed to eligible shareholders registered at the Security Depository Center on the second day after the due date, to be determined later on by the company.

Shareholders will also review the board's report, financial statements and external auditor’s report for the fiscal year 2017.

The general assembly will vote on SAR 1.8 million in board remuneration and the discharge of board members from liability for their activities.

Dallah will also hire an external auditor for the current fiscal year.