SAPTCO proposes 5% dividend payout

Riyadh – Mubasher: The board of Saudi Public Transport (SAPTCO) has recommended on Monday a cash dividend accounting for 5% of the nominal value.

The company will distribute SAR 0.50 per share with a total value of SAR 62.5 million for the fiscal year 2016, according to a bourse statement issued on Tuesday.

SAPTCO has achieved profits worth SAR 5.87 million during the fourth quarter of 2016 against losses of SAR 35.5 million in the same period a year ago.

 

Mubasher Contribution Time: 24-Jan-2017 06:33 (GMT)
Mubasher Last Update Time: 24-Jan-2017 10:11 (GMT)