Budget Saudi to pay 12.5% cash dividend for H2 2020 as of May 10

04/05/2021 Argaam

United International Transportation Co. (Budget Saudi) said in a bourse filing that it will pay 12.5% cash dividend for H2 2020, as of May 10, 2021.

On May 2, Budget Saudi shareholders approved cash dividend at 12.5%, or SAR 1.25 per share for H2 2020, during the general meeting held on April 29, 2021, Argaam reported.

  

Dividend Details (H2 2020)

Current Capital

SAR 711.67 mln

Number of shares

71.17 mln

Dividend

SAR 88.96 mln

Percentage of capital

12.50% (SAR 1.25 per share)

Record date

April 29, 2021 (By the end of second trading day following this date)

Payment date

May 10, 2021

Total Dividend for 2020

Total Dividend

SAR 124.54 mln

Percentage of capital

17.50% (SAR 1.75 a share)


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