Al-Babtain to issue 10% dividend for 2014

30/03/2015 Argaam

Al-Babtain Power & Telecommunication Co. agreed on Monday to issue a 10 percent cash dividend at SAR 1 per share for 2014.

 

The company also agreed to acquire Al-Babtain Contracting Company in Qatar at a total of QAR 200,000 to expand to new markets.

 

 Cash Dividend Details

SAR 426 mln

Current capital

42.6 mln shares

Number of shares

SAR 42.6 mln

  Cash dividend

10% ( SAR 1/share)

Percent of capital

 

 

 

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