Astra Industrial Group will distribute SR129.7 million as dividend to its shareholders, according to Tadawul website. The dividend is to be divided at SR1.75 per share
This was as per the proposal of the board of directors of the group to the general assembly. The distribution of cash dividend to the shareholders is for the year ended Dec. 31, 2013.
The group stated that the divided amount represents 17.5 percent of the par value.
Entitlement for this dividend payout is limited to the registered shareholders as per the Saudi stock exchange (Tadwul) records as of the closing of trading day on which the general assembly will be held. The date of the general assembly will be announced later.
The date of dividend distribution will also be announced accordingly.