Riyadh – Mubasher: Mouwasat Medical Services Company’s board of directors recommended distributing cash dividends of 17.5% of the share’s nominal value, or SAR 1.75 per share for 2018.
The proposed cash dividends totalled SAR 175 million distributed over 100 million shares, according to the Saudi firm’s statement to the Saudi Stock Exchange (Tadawul) on Monday.
During the first nine months of 2018, Mouwasat's net profits levelled up 15.36% to SAR 274.77 million, against SAR 238.18 million in the corresponding period of the prior year.
Mouwasat’s stock fell 0.5% to close at SAR 77 on Monday.
