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SIIG to distribute SAR 225m dividends for H1

SIIG to distribute SAR 225m dividends for H1
Eligibility will be for the shareholders of record date on 30 June
SIIG
2250
-1.02% 21.38 -0.22

Riyadh – Mubasher: The board of Saudi Industrial Investment Group (SIIG) decided to pay SAR 0.5 per share as a cash dividend for the first half (H1) of 2021, according to a bourse disclosure on Thursday.

The company will distribute a total of SAR 225 million, which accounts for 5% of the capital.

SIIG said eligibility will be for the shareholders of record date on 30 June, while the distribution date will be announced later.

During 2020, the company reported a plunge of 84.8% in net profits to SAR 92 million, compared to SAR 606 million in 2019.