Savola board proposes SAR 0.5/shr cash dividends

Riyadh-Mubasher: The Savola Group recommended cash dividends for Q4-15 at 5% of the stock’s par value, or SAR 0.50 a share, totalling SAR 266.99 million.

The dividend eligibility is for shareholders of record on the general meeting date.

 The group recorded net earnings of SAR 515.3 million in Q4-15, a rise of 19% compared with SAR 434.4 million in the prior-year period.

 

Mubasher Contribution Time: 20-Jan-2016 13:12 (GMT)