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Aslak board approves SAR 35.1m dividends

Aslak board approves SAR 35.1m dividends
The dividend amount represents 10% of the share’s par value
ASLAK
1301
-1.00% 34.55 -0.35

Riyadh – Mubasher: The board of United Wire Factories Company (Aslak) approved distributing cash dividends of SAR 35.1 million to shareholders for the period until the end of 2019 and the first half (H1) of 2020.

The approved amount represents SAR 1 per share or 10% of the share’s par value, according to a stock exchange statement on Wednesday.

Eligibility of dividends will be to the shareholders at the end of the due date scheduled on 27 September 2020, as per the registered shareholders in the register of the Securities Depository Center Company (Edaa) at the end of the second trading day following the maturity date.

The distribution date is Thursday, 8 October 2020.