United International Transportation Co. Ltd.’s (Budget Saudi) board of directors recommended a 5 percent cash dividend for the first half of 2019, at SAR 0.5 per share, amounting to SAR 35.58 million, the company said in a bourse statement on Sunday.
Earlier, the company’s shareholders delegated the board of directors to distribute divided for FY 2019 on quarterly or semi-annual basis.
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Dividend Details (H1 2019) |
|
|
Current Capital |
SAR 711.67 mln |
|
Number of shares |
71.17 mln |
|
Dividend |
SAR 35.58 mln |
|
Percentage of capital |
5% (SAR 0.5 per share) |
|
Record date |
October 31, 2019 |
|
Payment date |
To be determined |
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