Al Sagr Cooperative Insurance Co.’s general assembly has approved a 7.5 percent cash dividend for the fiscal year 2017, at SAR 0.75 per share, amounting to SAR 18.75 million.

 

Shareholders also approved writing off bad debts amounting to SAR 1.05 million.

 

Cash Dividend Details (FY 2017)

Current Capital

SAR 250 mln

Number of shares

25 mln

Cash dividend

SAR 18.75 mln

Percent capital

7.5% (SAR 0.75 per share)

Record date

June 28, 2018

Payment date

To be determined

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