Riyadh – Mubasher: The board of Saudi Public Transport (SAPTCO) has recommended on Monday a cash dividend accounting for 5% of the nominal value.

The company will distribute SAR 0.50 per share with a total value of SAR 62.5 million for the fiscal year 2016, according to a bourse statement issued on Tuesday.

SAPTCO has achieved profits worth SAR 5.87 million during the fourth quarter of 2016 against losses of SAR 35.5 million in the same period a year ago.