Riyadh – Mubasher: The board of directors of Saudi Electricity Company (SEC) has recommended to the company’s general assembly a payment of a cash dividend to shareholders for the fiscal year (FY) 2019 at SAR 0.7 per share.

The total amount of distributed dividends stand at SAR 749.3 million, representing 7% of the company’s capital, according to the company’s statement to the Saudi Stock Exchange (Tadawul).

Eligibility will be to shareholders who are registered in the company’s share register at the Securities Depository Center Company (Edaa) at the end of the second trading day following the general assembly meeting date, which will be announced later.