The company said in a statement to the Saudi market (Tadawul) today, Wednesday, that the board of directors recommended distributing 15% cash dividends for the first half of 2020, at 1.5 riyals per share.
The company explained that the number of shares due to profits amounted to 3 billion shares, while the value of the proposed cash dividend is 4.5 billion riyals.
The dividend distributions to the shareholders who own the shares will be on the day of entitlement registered in the company’s shareholders ’register with the Deposit Center at the end of the second trading day following the due date on Thursday, September 3, 2020. p>
The profit distribution date, according to the statement, will be on Sunday, September 20, 2020.
