Riyadh-Mubasher: Electrical Industries shareholders gave the go-ahead for paying cash dividends for the second half of 2014 at 10% of the stock’s par value, or SAR 1 per share, totalling SAR 45 million.

The dividend eligibility is for shareholders of record on 20 April.

The dividends will be paid on 6 May.

The company posted SAR 28.8 million in net earnings during the first three months of 2015, falling 48% compared with SAR 55.5 million in Q1-14 and 51.19% from SAR 59 million in Q4-14.