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Al Abdullatif shareholders OK SAR 0.5/shr dividends

Al Abdullatif shareholders OK SAR 0.5/shr dividends
Photo Credit: Arabianeye-Reuters
ARTEX
2340
-0.54% 11.06 -0.06

Riyadh-Mubasher: Al Abdullatif Industrial Investment shareholders approved cash dividends for the fourth quarter of 2014 at 5% of capital, or SAR 0.5 per share, totalling SAR 40.6 million.

Shareholders of record until the close of trading on the date of the ninth general meeting – to be determined later – will be eligible for the dividends.

During Thursday's meeting, shareholders also gave a nod to the dividends paid for the first nine months of 2014 at 15% of capital, or SAR 1.50 a share, totalling SAR 121.8 million.