Riyadh-Mubasher: Saudi Arabian Fertilizer Co. (SAFCO) said its ordinary general meeting held on 30 March approved cash dividends for the second half of 2015 at 30% of capital, or SAR 3 a share, totalling SAR 1.24 billion.
Shareholders of record on the meeting date are eligible for the dividends which will be paid on 10 April.
During the meeting, shareholders gave a nod to the dividends paid for the first half of 2015 at 30% of capital, o SAR 3 a share, totalling SAR 1.24 billion.
They also endorsed the board and auditor's reports and financial statements for 2015.
FY15 net earnings reached SAR 2.1 billion, falling 33% compared with SAR 3.1 billion.
The stock ended Wednesday 1.69% higher at SAR 69.75.
