Riyadh – Mubasher: Kingdom Holding Company’s ordinary general meeting (OGM) has approved the distributed cash dividends for fiscal year 2016.
The OGM also adopted the board's and auditor’s reports on the year ended 31 December 2016, according to a bourse filing released on Sunday.
The company had earlier distributed cash dividends worth 50 halalas per share (5% of the capital) for FY16, totalling SAR 655.9 million.
The stock fell last Thursday by 1.2% to SAR 10.16.
