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Makkah Construction approves 25% annual dividends

Makkah Construction approves 25% annual dividends
(Photo Credit: Company Website)
MCDC
4100
0.48% 62.60 0.30

Riyadh – Mubasher: Makkah Construction and Development said its extraordinary general meeting (EGM) approved 25% cash dividends or SAR 2.5 per share for the fiscal year ended 28 January 2017, according to a bourse statement.

Dividends will be distributed among shareholders of record by the end of the EGM’s day and shareholders registered by the end of the second trading day following the maturity date.

The company will start distributing the dividends within 15 days from the EGM’s date.