Riyadh – Mubasher: Abdullah Al Othaim Markets Company will pay cash dividends of SAR 270 million to shareholders for the first half (H1) of 2020.
The dividend amount is equivalent to SAR 3 per share and represents 30% of the share’s par value, according to a bourse disclosure on Sunday.
Eligibility of dividends will be for shareholders owning shares at the end of trading day scheduled on Thursday, 3 September 2020, as per the registered shareholders in the register of the Securities Depository Center Company (Edaa) at the end of the second trading day following the due date.
The distribution date is 10 September.
In the second quarter (Q2) of 2020, the company's net profits jumped 113.26% to stand at SAR 125.25 million, compared with SAR 58.73 million in the same quarter in 2019.
