| Element List |
Explanation |
| Introduction |
The Board of Directors of Saudi Electricity co. (SEC), during its meeting held on 12th March 2018, has recommended to the Shareholders’ General Assembly a payment of a cash dividend to shareholders for the fiscal year 2018. |
| Board Resolution Date |
2019-03-12 Corresponding to 1440-07-05 |
| Total Amount of Dividend Distributed |
749.3 million riyals |
| Number of eligible shares |
1070418495 |
| Dividend per share |
70 Halala |
| Percentage of Dividend to the share book value |
70 % |
| Eligibility date |
The distributed dividends is eligible to the shareholders who are registered in the company’s share register in Securities Depository Center Co. (Edaa) at the end of the second trading day following the General Assembly Meeting convene day, which will be announced later. |
| Dividend distribution date |
The date of dividend distribution will be announced later |
| Additional Information |
SEC urges all its shareholders to update their information and make sure to link their bank account numbers to their investment portfolios. SEC also urges its shareholders who own shares as per shares certificates to deposit such certificates in their investment portfolio in order to ensure the receipt of their dividends. |
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