Dallah Healthcare to discuss 2016 dividends on 26 April

Riyadh – Mubasher: Dallah Healthcare said an extraordinary general meeting (EGM) will be held on 26 April to discuss the distribution of cash dividends for 2016.

The company would distribute dividends at 20% of capital, or SAR 2 per share, totalling SAR 118 million, according to a bourse filing on Sunday.

The EGM will also vote on distributing SAR 1.8 million as an annual remuneration for the board members for the fiscal year ended on 31 December 2016, worth SAR 200,000 for each member.

The meeting will consider the financial statements of 2016, the statement said.

The company's paid-in capital amounts to SAR 590 million, with around 59 million issued shares at a nominal value of SAR 10 per share.

Net profit for 2016 grew 36.8% to SAR 225.8 million, compared to the previous year’s SAR 165.1 million.

Mubasher Contribution Time: 02-Apr-2017 15:14 (GMT)
Mubasher Last Update Time: 03-Apr-2017 07:26 (GMT)