Al Othaim shareholders to vote on interim dividends for 2020 on May 7

Abdullah Al Othaim Markets Co.’s shareholders are set to vote on authorizing the board of directors to distribute interim dividends on a semi-annual or quarterly basis for the fiscal year 2020, during its general assembly meeting to be held on May 7.

The company said in a statement on Tadawul that eligibility and payment dates will be determined in accordance with the Companies Law.

Shareholders will be able to participate and vote on several agenda items, including voting on the contracts made with other companies in which the board’s chairman has an interest.