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Astra Industrial’s shareholders approve SAR 60m dividends

Astra Industrial’s shareholders approve SAR 60m dividends
Astra Industrial will pay out SAR 0.75 per share as dividends for 2020
ASTRA INDUSTRIAL
1212
0.96% 31.40 0.30

Riyadh – Mubasher: The stakeholders of Astra Industrial Group gave the green light for the board’s recommendation to distribute 7.5% of the capital as cash dividends for 2020.

The company will pay out SAR 0.75 per share at a total value of SAR 60 million, according to a disclosure to Tadawul on Monday.

Distributing the dividends to the eligible shareholders is scheduled to take place on 20 April.

Astra Industrial has achieved an annual leap of 288.8% to SAR 115.4 million in net profits during 2020, compared with SAR 29.7 million.