Riyadh - Mubasher: Saudi Public Transport (SAPTCO) will start distributing cash dividends for 2016 as of Monday, 10 April.
The company will pay out SAR 62.5 million at SAR 0.50 per share, representing 5% of the share’s nominal value.
The distribution will be through the National Commercial Bank (NCB). Shareholders of record at the closing of trading on 27 March are eligible for the dividends.
The dividends will be deposited to the shareholders’ current accounts, as long as they have investment portfolios, according to a bourse filing on Thursday.
As for the shareholders bearing certificates, they should visit one of the NCB’s branches to receive their share of the dividends directly.
