Astra Industrial Group on Sunday said that the company’s general assembly approved distributing cash dividends of SAR 0.5 per share for the full-year 2017.
The distributed dividends amount to SAR 40 million and represent 5% of the company’s capital, a filing by Astra to the Saudi Stock Exchange (Tadawul) showed.
The payment date will be on 7 June 2018.
During 2017, Astra turned profitable with SAR 58.19 million, against losses of SAR 93.9 million across 2016.
By the end of Thursday’s session, Astra’s stock declined 0.51% at SAR 19.40.