SIIG board OKs SAR 337.5m dividends

Riyadh – Mubasher: The Saudi Industrial Investment Group’s (SIIG) board has approved the distribution of SAR 337.5 million dividends for the second half of 2018, according to a bourse statement released on Thursday.

The company announced that the distribution date is set to be 13 January 2019, and the number of eligible shares are 450 million.

“The eligibility date will be at the closing of trading on Monday, 31 December 2018 and the shareholders who receive the dividends will be as per the shareholder registry of the Securities Depository Center (Edaa) at the end of the second trading day following the eligibility date.”

SIIG reported a 41.15% year-on-year profit increase after calculating Zakat and Tax in the third quarter of 2018, logging SAR 319 million ($85.05 million), from SAR 226 million ($60.25 million).

Mubasher Contribution Time: 27-Dec-2018 15:28 (GMT)
Mubasher Last Update Time: 27-Dec-2018 16:31 (GMT)