Saudi Vitrified Clay’s shareholders approve 10% dividends for 2020

Saudi Vitrified Clay has achieved an annual rise of 21.6% in 2020 profits

Riyadh – Mubasher: The ordinary general meeting of Saudi Vitrified Clay Pipe Co. gave the green light for paying 10% of capital as cash dividends for 2020.

The shareholders approved the board’s decision to distribute SAR 1 per share as dividends to the entitled shareholders.

Saudi Vitrified Clay has achieved an annual rise of 21.6% to SAR 10.7 million in net profits during 2020, compared with SAR 8.8 million.

Source: Mubasher

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