Al Othaim’s board proposes dividend for 2016

22/03/2017 Argaam

The board of Abdullah Al Othaim Markets Co. has proposed a 20 percent cash dividend (SAR 2 per share) for fiscal year 2016, the company said in a statement to Tadawul Wednesday.

 

Cash Dividend Details (2016)

Current capital

SAR 450 mln

Number of shares

45 mln

Cash dividend

SAR 90 mln

Percent capital

20% (SAR 2/share)

Record date

General assembly (To be announced)

Payment day

To be announced

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