Riyadh – Mubasher: Alujain Corp's board of directors (B of D) recommended paying dividends for 2016 at SAR 0.5 a share, or 5% of the stock's nominal value, totaling SAR 34.6 million, according to bourse filing on Monday.
Shareholders of record until 29 December 2016 would be entitled to the cash dividends that will be distributed within a month of the shareholders' approval.
The company operates with a paid-in capital of SAR 692 million, divided into 69.2 million shares at SAR 10 a share.
