Kingdom Holding Company’s board of directors recommended on Thursday to issue a 1.25 percent quarterly cash dividend, or 5 percent for the full year, at 12.5 Halalas per share.
Prince Al-Waleed bin Talal, chairman of the company, gave up his full entitlement of the proposed annual cash distribution, which totaled SAR 1,197 million at 34 Halalas per share, according to the firm’s statement to Tadawul, Saudi Arabia’s bourse.
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Dividend Details (FY 2019) |
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Current Capital |
SAR 37.058 bln |
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Number of shares |
3.706 bln shares |
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Cash dividend |
SAR 163.9 mln |
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Percent capital |
1.25% ( 12.5 Halalas/share) |
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First payment’s record date |
March 31, 2019 |
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Second payment’s record date |
June 30, 2019 |
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Third payment’s record date |
September 30, 2018 |
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Fourth payment’s record date |
December 31, 2018 |
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Payment date |
10 days after each record date |
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