Maharah Human Resources’ board agrees on 32% dividends

Riyadh – Mubasher: The board of Maharah Human Resources Company has approved to distribute cash dividends to shareholders for the second half (H2) of 2019.

The distribution of cash dividends stands at SAR 3.20 per share, representing 32% of the share's par value, with a total amount of SAR 120 million to be distrbuted over 37.5 million eligible shares, according to the company's disclosure to the Saudi Stock Exchange (Tadawul) on Wednesday.

Meanwhile, the board has set 23 March as the eligibility date and 6 April as distribution date.

It is noteworthy to mention that in 2019, the company net profits surged by 22.43% to SAR 272.09 million, compared to SAR 222.25 million in 2018.

 

Mubasher Contribution Time: 18-Mar-2020 10:17 (GMT)
Mubasher Last Update Time: 18-Mar-2020 11:16 (GMT)