55.0000
Change
0.7000
Change %
1.2891%
Open
54.3000
Close
54.3000
High
55.2000
Low
54.3000

Almarai shareholders to discuss FY18 dividend plan April 7

2019-03-13 12:05:05 GMT (Economies.com)
Almarai shareholders to discuss FY18 dividend plan April 7
 

Almarai Company invited shareholders to attend an ordinary general assembly meeting on Sunday, April 7, to look into the dividend payout of SAR 850 million, or 85 halala per share, representing 8.5% of stock par value, for the fiscal year 2018.

 

Entitlement to the dividend payout will be for shareholders of record till the close of trading on the day following the date of the general assembly meeting.

 

Almarai earlier distributed SAR 750 million dividend for FY17, at 75 halala per share, or 7.5% of stock par value.

 

The Tadawul-listed dairy producer earlier osted a 27.9% decline in net profit for the fourth quarter of 2018, to SAR 369.6 million, compared with SAR 512.9 million in prior-year period.

 

Meanwhile, net profit for the first nine months of 2018 amounted to SAR 1.64 billion, down 1.8% year-on-year from SAR 1.67 billion.

 
 
 
  Symbol Last Change Chg.%
1.1298
-0.0028
0.2441%
1.3104
-0.0192
1.4459%
15.469
0.174
1.138%
59.578
1.195
2.047%
67.62
-0.24
0.35%
1310.575
8.265
0.635%
 
 
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