Mubasher TV
Contact Us Advertising   العربية

Walaa Cooperative Insurance Co. Announces the dividends distribution process and the payment date to its shareholders for the year 2018

WALAA 8060 -1.38% 17.20 -0.24
Element List Explanation
Announcement Detail Walaa Cooperative Insurance Co. announce that, further to Tadawul announcement of 09/04/2019, and according to the General Assembly approval of Dividend Distribution process for 2018 in their meeting on 21/05/2019, as announced on 22/05/2019. Which will be as follows:

1. Total amount of distribution of dividend: 44 Million SAR.

2. Number of shares eligible for dividends: 44 Million shares.

3. Dividend per share: 1.00 SAR.

4. Dividend represents: 10% of the face value of the share.

5. The eligibility for the dividends shall be for the shareholders registered in the registers of

the Securities Depository Center (Edaa) two days after the date of the General Assembly Meeting which approved the dividends.

The dividend will be dispensed and deposited in the shareholders' bank accounts with effect from 10/06/2019, through direct deposit via the Saudi British Bank (SABB).

Comments