Saudi Airlines Catering to discuss FY18 cash dividend

08/04/2019 Argaam

Saudi Airlines Catering Co.’s shareholders will discuss on April 29 the payment of cash dividend at 55.5 percent, or SAR 5.55 a share, totaling SAR 455.1 million for 2018, the company said in a bourse filing.

 

Shareholders will also discuss the payment of SAR 3.09 million in board bonuses for FY18.  

 

The board of directors’ report, audit report and all financial statements for 2018 will also be reviewed during the meeting.

 

Shareholders will also discharge board members from liability associated with their activities in 2018, and select an external auditor for 2019 and Q1 2020.

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