Riyadh-Mubasher: Al Khaleej Training board proposed cash dividends for 2015 at 10% of capital, or 1 a share, totalling SAR 40 million.
Shareholders of record on the date of the upcoming general meeting are eligible for the dividends.
The dates of the meeting and payout will be announced later.
The company’s net earnings for 2015 reached SAR 70 million, down 18% compared with SAR 86 million a year earlier.
The training services provider operates with SAR 400 million capital, divided into 40 million shares at a par value of SAR 10 each.
The stock closed Wednesday with a rise of 7% to SAR 21.10.