Riyadh-Mubasher: United Electronics Co. (eXtra) said the board recommended cash dividends for the first half of 2015 at SAR 0.50 a share, totalling SAR 18 million.

The dividend eligibility is for shareholders of record on 4 August.

The payment date will be announced later.

Net income for the six-month period ended 30 June declined 66.39% year-on-year from SAR 83 million to SAR 27.9 million.