Riyadh-Mubasher: Aldrees Petroleum and Transport Services Co. recommended cash dividends for 2015 at 20% of the stock’s par value, or SAR 2 a share, totalling SAR 80 million.
The dividend eligibility is for shareholders of record on the general meeting date.
The dates of meeting and payment will be announced later.
The company posted SAR 33 million in net earnings for Q4-15, rising 5% compared with SAR 31.3 million in the same period a year ago.
Full-year net profits also increased 16.4% year-on-year from SAR 123.7 million to SAR 144 million.
