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Budget to distribute 40% dividend from FY14 profits

Budget to distribute 40% dividend from FY14 profits
BUDGET SAUDI
4260
33.08% 86.50 21.50
Riyadh-Mubasher: The board of United International Transportation Ltd (Budget) has recommended the distribution of cash dividends for the fiscal year 2014 at SAR 69 million, or SAR 1.7 per share (17% of stock par value). These earnings represent 40.4% of the company’s SAR 171 million earnings for the whole year.