Riyadh – Mubasher: The board of Saudi Ground Services recommended paying out cash dividends for the second quarter of 2016 at SAR 0.65 a share, or 6.5% of the stock’s nominal value, according to a filing statement.
Shareholders of record until 14 August would be entitled to the cash dividends totaling SAR 122.2 million.
During the second quarter, the company earned SAR 196.95 million, higher 13% year-on-year from SAR 174.28 million.
The company operates with SAR 1.88 billion, divided into 188 million shares at SAR 10 each.
