Makkah Construction announces SAR2.5/share cash dividend for the year
Makkah Construction announced that its BoD had proposed a cash dividend distribution of SAR2.5/share for the year ending on 30 Rabi Al-Akhar 1438 (28 January 2017), unchanged Y-o-Y. This implies a payout ratio of 138% and a dividend yield of 2.5%, on the last closing price. The ex-dividend date will be the day following the AGM, the date of which is yet to be determined.
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