Al Abdullatif proposes SAR 32.5m dividends for 2016

Riyadh – Mubasher: Al Abdullatif Industrial Investment’s board recommended the distribution of cash dividends at 4% of capital for 2016.

The proposed dividends total SAR 32.5 million, represent SAR 0.40 per share, according to a bourse filing on Wednesday.

Shareholders of record at the end of the general assembly, which will be announced later, will be entitled of the dividends.

The company’s capital amounts to SAR 812.5 million, distributed over 81.25 million shares at a nominal value of SAR 10 per share.

Mubasher Contribution Time: 08-Feb-2017 10:49 (GMT)
Mubasher Last Update Time: 08-Feb-2017 10:49 (GMT)