Riyadh-Mubasher: Abdullah Al Othaim Markets said its board of directors recommended cash dividends for 2015 at 20% of the stock’s par value, or SAR 2 a share, totalling SAR 90 million.
The record and payout dates will be announced later, the company said in a statement to Tadawul.
Al Othaim had paid cash dividends at SAR 1.75 a share, totalling SAR 78.75 million for 2014.
The company posted net earnings of SAR 230.88 million for 2015, a rise of 7.5% compared with SAR 214.78 million a year earlier.
