Here are a few things you need to know as Saudi stocks start trading on Monday.
1) City Cement Co.’s board of directors has recommended a 4 percent cash dividend for the fiscal year of 2018, at SAR 0.4 per share, amounting to SAR 75.68 million.
2) Alinma Tokio Marine Co. renewed a general insurance contract with Al Jumaiah Group for one year starting Mar. 1, 2019.
3) Arabian Cement Co.’s board of directors has recommended a 10 percent cash dividend for the fiscal year of 2018, at SAR 1 per share, amounting to SAR 100 million.
4) Abdullah A. M. Al-Khodari Sons Co. signed an agreement with majority shareholder, Abdullah A. Al Khodari Sons Investment Holding Co. to reschedule an Islamic loan worth SAR 135 million.
5) The Securities Depository Center (Edaa) deposited Amana Cooperative Insurance Co.’s rights issue shares into investors’ accounts, it said in a bourse statement.
6) Samba Financial Group’s (Samba) shareholders will vote on the board’s proposal for a 10 percent cash dividend, to be issued at SAR 1 per share for H2 2018 on Mar. 25, 2019.
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