Riyadh – Mubasher: Middle East Paper Co (MEPCO) said its board recommended on 14 March the distribution of 7.5% dividends, equivalent to 75 halala per share, for fiscal year 2016, according to a bourse statement.
Total proposed dividends amount to SAR 37.5 million for FY16.
Shareholders of record by the end of trading session, held on the same date as the shareholders’ meeting, will be entitled to receive dividends.
