Al Khaleej Training to discuss dividend plan 18 April

Riyadh-Mubasher: Al Khaleej Training and Education will hold its ordinary general meeting on 18 April, to discuss agenda items, mainly the proposed dividend payout for 2015.

Shareholders will discuss the board’s recommendation on paying cash dividends for 2015 at SAR 1 a share, totalling SAR 40 billion.

Shareholders of record on the meeting date will be eligible for the dividends.

FY15 net earnings reached SAR 70.3 billion, down 18% compared with SAR 86 billion a year earlier.

The stock closed Sunday at SAR 27.6, rising 0.33%.

Mubasher Contribution Time: 13-Mar-2016 13:37 (GMT)