Vitrified Clay Pipes board proposes SAR 1.5/shr dividends

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.

Mubasher Contribution Time: 14-Dec-2015 05:46 (GMT)