Farm Superstores to withhold dividend for FY 2018

15/05/2019 Argaam

 

Saudi Marketing Co.’s (Farm Superstores) general assembly has approved a board recommendation to hold off on issuing a cash dividend for fiscal year 2018, the company said in a statement.

 

In April, the company’s board of directors recommended to hold off on issuing a cash dividend for FY 2018 to support the company’s financial position and future expansions, according to data compiled by Argaam.

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