Al Othaim announces 15% cash dividend for 9M 2019

12/11/2019 Argaam

 

The Board of Directors of Abdullah Al Othaim Markets Company decided at its meeting on Monday to distribute interim cash dividends to shareholders of 15% of the capital (equivalent to SAR 1.5 per share) for the nine months of 2019, as shown in the following table:

 

Details of cash dividends to shareholders

Current Capital

SAR 900 mln

Number of shares

90 mln

Total dividends

SAR 135 mln

Percent of capital

15% (SAR 1.5/share)

Eligibility date

Nov 21, 2019

Date of distribution

To be announced later

 

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