Riyadh – Mubasher: The ordinary general meeting (OGM) of Al Sagr Cooperative Insurance on Sunday gave a nod to the payment of cash dividends of 20% for 2015.
The proposed dividend payment stands at a total value of SAR 50 million, according to a bourse filing on Monday.
Shareholders of record on the date of the OGM are eligible for the dividends. The distribution date will be announced later.
The company’s capital totals SAR 250 million, distributed over 25 million shares of SAR 10 per share.
