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Maadaniyah board proposes dividends at SAR0.5/shr

Maadaniyah board proposes dividends at SAR0.5/shr
Dividends total SAR 14 million - (Photo Credit: Arabianeye-Reuters)
MAADANIYAH
2220
2.77% 11.52 0.31

Riyadh - Mubasher: The board of National Metal Manufacturing and Casting Company (Maadaniyah) recommended the distribution of cash dividends at SAR 0.5 per share or 5% of capital to shareholders for 2016.

The recommended cash dividends total SAR 14.056 million, according to the company’s statement to the Saudi Stock Exchange (Tadawul) on Thursday.