6 things to watch on Tadawul today

Here are a few things you need to know as Saudi stocks start trading on Thursday.

1) Saudi Airlines Catering Co.’s board of directors has recommended a 13 percent cash dividend for the fourth quarter of 2018, at SAR 1.3 per share, amounting to SAR 106.6 million.

2) Dallah Healthcare Co.’s shareholders have approved a 27.1 percent capital hike to SAR 750 million from SAR 590 million through issuance of 0.27 bonus share for every one share held.

3) Saudi Company for Hardware’s (SACO) board of directors has recommended a 10 percent cash dividend for the second half of 2018, at SAR 1 per share, amounting to SAR 38 million.

4) Tourism Enterprise Co.’s (Shams) board of directors approved on Feb. 26 to finance the acquisition of Hemaia Group from the company’s own funds.

5) Leejam Sports Co. (Fitness Time) board of directors has recommended a 5.38 percent cash dividend for the fiscal year of 2018, at SAR 0.538 per share, amounting to SAR 28.18 million.

6) Al Tayyar Travel Group Holding Co. posted a net loss after zakat and tax of SAR 142 million for fiscal year 2018, compared to a net profit of SAR 489 million a year earlier.