Al Hassan Ghazi Ibrahim Shaker Company’s [1214.SE] Board of Directors (BoD) has proposed a cash dividend distribution of SAR0.75/share for 9M16 (total of SAR47.3mn). This implies an annualised dividend payout ratio of c61% and a dividend yield of 6%. The ex-dividend date is 6 November 2016, while the distribution date is yet to be disclosed. (Tadawul)
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