Riyadh – Mubasher: The ordinary general meeting (OGM) of Abdulla Saad Abo Moati for Bookstore Company approved on Monday a 5% cash dividend, amounting to SAR 0.5 per share, with a total value of SAR 8 million.

Shareholders of record by the end of the second trading day following the OGM meeting will be entitled to receive dividends within 15 days after maturity date, according to a company filing to the Saudi Stock Exchange (Tadawul) on Tuesday.

During the meeting, the OGM approved the auditing report of the fiscal year ended 31 March 2017 and discharged the board members of any responsibility related to this period.

The fiscal year in the Nomu-listed company starts from 1 April to 30 March.