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Vitrified Clay Pipes board proposes cash dividend for Q4

Vitrified Clay Pipes board proposes cash dividend for Q4
SVCP
2360
12.30% 44.75 4.90
Saudi Vitrified Clay Pipes Co. said in a filing to Tadawul that the board recommended cash dividend for Q4 2014 at 12.5% of the stock par value, or SAR 1.25 per share, totaling SAR 18,750,000.
Shareholders of record until the close of trading on Dec. 31, 2014 are eligible for this dividend.
The payment will be on January 14, 2015.