Riyadh-Mubasher: The board of Saudi Vitrified Clay Pipes Co. recommended cash dividends for the fourth quarter of 2015 at 15% of the stock's par value, or SAR 1.5 a share, totalling SAR 22.5 million, the company said in a filing to Tadawul.
The dividend eligibility will be for shareholders of record until the close of trading on 31 December.
The dividends will be paid on 21 January 2016.