Riyadh – Mubasher: Saudi Electricity Company announced on Monday that it will start paying cash dividends at 70 halalas (70% of the stock’s par value) as of 8 May through the National Commercial Bank.
Earlier on 25 April, the company’s ordinary general meeting (OGM) approved cash dividends for the fiscal 2015 totalling SAR 547,000.
The dividend eligibility will be for shareholders registered till the end of trading on the OGM date.
The stock closed yesterday at SAR 16.39 after rising 1.74%.
