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Fipco board proposes SAR1/share cash dividend

Fipco board proposes SAR1/share cash dividend
FIPCO
2180
0.12% 43.40 0.05

The board of Filling & Packing Materials Manufacturing Co. (Fipco) has recommended the distribution of cash dividend for the fiscal year 2014 at SAR 1 per share, or 10% of stock par value, totaling SAR 11.5 million.

The eligibility of the cash distribution will be for shareholders of record till the close of trading on the date of the company’s 26th general meeting, which will be announced later.

The distribution date will be defined later

Photo Credit: Arabianeye-Reuters