Al Hokair proposes SAR 1.25/shr for H2-15

Riyadh – Mubasher: The board of Abdul Mohsen Al Hokair Group for Tourism and Development recommended distributing cash dividends for the second half of 2015 (H2-15) at 12.5% of the stock’s par value or SAR 1.25 a share, totaling SAR 68.75million.

The record and payout dates will be announced later, the company said in a bourse statement.

The company’s profits for H2-15 declined 3.98% year-over-year to SAR 89.1million from SAR 92.8million.

Mubasher Contribution Time: 24-Feb-2016 17:40 (GMT)