Riyadh – Mubasher: Al Sagr Cooperative Insurance announced that depositing dividends in the shareholders’ accounts will start on Thursday, 15 June, through Riyad Bank.

The eligibility for the dividends will be for shareholders of record at the end of trades on the meeting’s day and who are registered with the Securities Depository Center (Edaa) at the end of the second day following the general assembly’s meeting.

The extraordinary general meeting (EGM) of Al Sagr had approved the distribution of cash dividends for fiscal year 2016.

The company will pay out dividends at SAR 2 per share or 20% of capital, totalling SAR 50 million, according to a bourse filing.