Dividend distribution policy- continued The following table shows the net profit, cash dividends realized, their ratio to net profit (62 percent on average), and average ratio of dividends payout to capital which amounted to 9 percent during the last 5 years (2010-2014).
Net profit (In Thousands of Saudi Riyals)
Cash dividends (In Thousands of Saudi Riyals)
Dividends payout ratio (%)
Dividends to capital ratio (%)
Fiscal year
2014
533,840
393,750*
74%
10%
2013
752,262
315,000
42%
10%
2012
503,993
315,000
63%
10%
2011
287,768
157,500
55%
5%
2010
414,878
315,000
76%
10%
Total
2,492,741
1,496,250
62%
9%
Subject to approval of the ordinary General Assembly.
*
77
The National Shipping Company of Saudi Arabia ( )
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