SISCO board proposes SAR0.50/shr dividends for 2015

Riyadh – Mubasher: Saudi Industrial Services Co. (SISCO) said its board of directors proposed the distribution of cash dividends for 2015 at SAR 0.50 per share, or 5% of the stock’s par value, totaling SAR 34 million.

The record and distribution dates will be announced later.

The company earlier paid SAR 0.50 per share dividends for the fiscal year 2014.

SISCO’s FY15 net profit amounted to SAR 90.50 million, up 15.92% year-on-year from SAR 78.07 million.

Mubasher Contribution Time: 29-Feb-2016 14:27 (GMT)