SAPTCO to pay FY17 dividend on May 13

Saudi Public Transport Co.’s (SAPTCO) said it will pay cash dividend for the fiscal year 2017 on May 13, 2018.

Shareholders of record on April 29, 2018, including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend, the company said in a bourse statement.

Last month, the company’s general assembly had approved a 5 percent cash dividend for the fiscal year 2017, at SAR 0.5 per share, amounting to SAR 62.5 million, according to data compiled by Argaam.