Mubasher TV
Contact Us Advertising   العربية

Bawan to distribute SAR 0.25/shr dividends for Q4

Bawan to distribute SAR 0.25/shr dividends for Q4
(Photo credit: Arabianeye - Reuters)
Default Company
1302.O
0.00% 0.00 0.00

Riyadh – Mubasher: Bawan Holding decided to distribute 2.5% dividends for the fourth quarter of 2016 at SAR 0.25 per share, totaling SAR 15 million.

Shareholders of record until the close of trading on 5 March are eligible for the dividends, which will be distributed as of 19 March, according to a bourse filing on Monday.

The company's capital amounts to SAR 600 million, distributed over 60 million shares at SAR 10 per share.

Bawan reported a net profit of SAR 14.2 million for Q4-16, up 15.86% from SAR 16.88 million in the year-ago period.