Riyadh – Mubasher: Saudi Steel Pipe (SSP) shareholders gave a nod Tuesday to withholding dividends for the second half of 2015.
The company already paid cash dividends for the first half of last year at SAR 0.5 per share, totalling SAR 25.5 million, to boost the company’s financial position.
In 2014, SSP distributed SAR 0.5 per share, or 5% of stock’s par value, at a total value reaching SAR 25.5 million.
Shareholders also elected board members for the coming three-year term.
