Riyadh – Mubasher: Saudi Airlines Catering Company’s board recommended the distribution of cash dividends at SAR 1.3 per share (13% of share’s par value) for the fourth quarter of 2016, totalling SAR 106.6 million.
Registered shareholders at the end of trading on 12 February are eligible to receive the dividends. The distribution will start as of 8 March, according to a bourse filing on Thursday.
The distribution will be done through the Saudi British Bank (SABB) through direct transfer to the shareholders’ accounts.
The company’s paid-in capital amounts to SAR 820 million with 82 million issued shares, with a nominal value of SAR 10 per share.
