Riyadh - Mubasher: Lazurde Company for Jewelry announced on Monday that it will distribute dividends to shareholders for last year at SAR 0.5 per share, beginning 24 April, according to a bourse filing.
The company said in a statement to the Saudi Stock Exchange (Tadawul) on Monday, that the distribution will be carried by the National Commercial Bank (NCB) through direct deposits to the shareholders.
The ordinary general meeting (OGM) of Lazurde approved last week the board of directors’ recommendation to distribute 5% of capital, or 50 halala per share, as cash dividends for 2016, at a total value of SAR 21.5 million.
