Abdullah Al-Othaim Markets Company announced dividends to shareholders for the first half of 2021.
The company said in a statement to the Saudi market (Tadawul), today, Sunday, that the board of directors decided to distribute about 180 million riyals to 90 million shares, at two riyals per share.
And indicated that the eligibility for profits is for the company's shareholders who own shares at the end of trading on Thursday, September 9, 2021, and who are registered in the shareholders' register at the end of the second trading day following the due date.
It also indicated that the dividends distribution will start on September 22, 2021.
The company's financial results during the second quarter of 2021 revealed a net profit decline of 61.73% to about 48 million riyals, compared to 125.25 million riyals for the second quarter of last year.
The company announced last March the distribution of cash dividends to shareholders for the second half of 2020, amounting to 270 million riyals, at 3 riyals per share.< /p>