SAPTCO shareholders to discuss dividend payout 4 April

Riyadh-Mubasher: Saudi Public Transport Co. (SAPTCO) said its ordinary general meeting (OGM) will be held on 4 April, to discuss agenda items, mainly dividend payout for 2015.

Shareholders will also look into the board’s report, balance sheet and profit/loss statement for 2015, the company said in a bourse statement.

On 5 January, the board recommended cash dividends at SAR 0.5 a share, totalling SAR 62.5 million.

FY15 earnings surged 93% to SAR 196.65 million, compared with SAR 102.05 million a year earlier.

The stock closed Sunday 3.81% higher at SAR 11.45.

 

Mubasher Contribution Time: 29-Feb-2016 07:22 (GMT)