Riyadh-Mubasher: Abdullah Al Othaim Markets said its ordinary general meeting, held on Sunday, gave a nod to the payment of cash dividends for 2015 at 20% of the stock' s par value, or SAR 2 a share, according to a bourse filing posted Monday.
Shareholders of record on the meeting date are eligible for the dividends.
The payment will start on 12 April via Al Rajhi Bank, the company added.
Shareholders also endorsed the board and auditor's reports and financial statements for 2015, as well as the contracts and businesses concluded with related parties in the same FY.
The company earlier posted net income of SAR 230.88 million for 2015, up 7.5% compared with SAR 214.78 million in 2014.
The stock closed Sunday 1.18% higher at SAR 90.
