United Wire Factories Co.’s (Aslak) general assembly approved on Sunday a 6.5 percent cash dividend (SAR 0.65 per share) for the second half of 2016, the company said in a statement.

 

The general assembly has also given the company’s board the greenlight to issue dividends for fiscal year 2017.

 

Cash Dividend Details (H2 2016)

Current Capital

SAR 438.75 mln

Number of shares

43.88 mln shares

Cash dividend

SAR 28.52 mln

Percent capital

6.5% (SAR 0.65/share)

Record date

March 26, 2017

Payment day

April 10, 2017

 

 

Dividend for FY 2016

Total cash dividend

SAR 72.39 mln

Percent of capital

16.5% (SAR 1.65/share)

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