The General Assembly of the United International Transportation Company (Budget Saudi Arabia) approved at its meeting held on Monday, the recommendation of the Board of Directors to distribute 35.6 million riyals in cash profits for the second half of 2019.

The company said in a statement to the Saudi market (Tadawul) that the dividends that were approved by the public at 5% of the capital by 0.5 riyals per share. < / p>

The company also approved the approval of the company's board of directors decision regarding the cash dividends distributed for the first half of 2019 at 5% of the capital, at 0.5 riyals per share. And with a value of 35.6 million riyals, for a total of what was distributed last year, 71.2 million riyals.

The company’s general assembly agreed to exchange an amount of 2.53 million riyals in remuneration for the members of the company’s board of directors for the past fiscal year.

The company's profits rose 5.1% last year, to reach 178.62 million riyals, compared to a profit of 169.99 million riyals in 2018.