Riyadh-Mubasher: United Electronic Co. (Aslak) said its ordinary general meeting held on 30 March approved cash dividends for the second half of 2015 at 6.5% of capital, or SAR 0.65 a share, totalling SAR 28.5 million.
Shareholders of record on the meeting date are eligible for the dividends.
During the meeting, shareholders gave a nod to the dividends paid for the first half of 2015 at 8% of capital, o SAR 0.80 a share, totalling SAR 35.1 million.
They also endorsed the board and auditor's reports and financial statements for 2015.
FY15 net earnings reached SAR 72.2 million, falling 20% compared with SAR 90.3 million.
The stock ended Wednesday 0.82% higher at SAR 18.42.
