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Tadawul awaits important events this week

Tadawul awaits important events this week
Photo Credit: Arabianeye-Reuters
TAWUNIYA
8010
23.38% 152.00 28.80
Default Company
1120.O
0.00% 0.00 0.00
YANSAB
2290
-3.42% 36.70 -1.30

Default Company
1010.O
0.00% 0.00 0.00
SAPTCO
4040
26.49% 20.34 4.26

Riyadh - Mubasher: Investors in the Saudi Stock Exchange (Tadawul) are anticipating a series of events this week, between Sunday 26 March and Thursday 30 March, led by the dividends distribution by a number of listed companies.

Al Rajhi will begin on Sunday distributing cash dividends to shareholders for the second half of 2016 at SAR 1.5 per share or 15% of capital, with a total value of SAR 2.44 billion.

The Company for Cooperative Insurance will begin the distribution of cash dividends worth SAR 500 million for 2016 at SAR 5 per share.

Similarly, Yanbu National Petrochemicals Company (Yansab) will distribute dividends to its shareholders, beginning Tuesday, at SAR 1.5 per share, for the second half of last year.

Meanwhile, Riyad Bank and Saudi Public Transport Company (SAPTCO) will be holding their respective general meetings on Monday to vote on the distribution of cash dividends.