Riyadh – Mubasher: Saudi Airlines Catering Company will distribute cash dividends at SAR 1.75 per share (17.5% of share’s par value) for the third quarter of 2016, totalling SAR 143.5 million.
Registered shareholders at the end of trading on 15 November are eligible to receive the dividends. The distribution will start as of 13 December, according to a bourse filing.
The company’s profits fell 9% to SAR 149.5 million in Q3-16 down from SAR 164.49 million in Q3-15.
The stock closed trading at SAR 86.02, with a fall of 1.69%, on Monday.
