Riyadh-Mubasher: The National Shipping Company of Saudi Arabia’s (Bahri) shareholders approved on 6 April to pay cash dividends of SAR 2.5 per share for 2015, according to a bourse statement.
The dividend payout stands at 25% of capital, totalling SAR 984.38 million.
The 2015 dividends will be payable to shareholders of record at close of the business day, on which the upcoming ordinary general meeting (OGM) will be held.
The payout date will be announced later.
During their OGM, the shareholders also endorsed the financials results and the board’s report for the fiscal year 2015.
