Riyadh – Mubasher: The Board of Directors of Dr. Sulaiman Al Habib Medical Services Group recommended a cash dividend distribution of SAR 140 million or SAR 0.40 per share to shareholders for the second quarter (Q2) of 2020.
The proposed dividend amount represents 4% of the share’s nominal value, according to a stock exchange filing on Sunday.
Eligibility of dividends will be to the shareholders at the end of the maturity date scheduled on Thursday, 20 August 2020, as per the registered shareholders in the register of the Securities Depository Center Company (Edaa) at the end of the second trading day following the due date.
The distribution date is Sunday, 6 September.
In Q2 of the year, the group logged SAR 192.25 million in net profits, up 14.45% when compared with SAR 167.97 million in the same period last year.