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National Gypsum to discuss 2015 dividends 10 April

National Gypsum to discuss 2015 dividends 10 April
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NGC
2090
-4.44% 21.31 -0.99

Riyadh-Mubasher: National Gypsum Co. will hold its ordinary general meeting on 10 April, to discuss agenda items.

Shareholders will vote on the board's recommendation on paying cash dividends for 2015 at 6% of the stock's par value, or SAR 0.60 a share, totalling SAR 19 million ($5.07 million).

The dividends will be paid on 28 April to shareholders of record on the meeting date.

FY15 earnings netted SAR 21.6 million ($5.76 million), compared with SAR 21.7 million ($5.79 million) a year ago, a fall of 0.18%.