Riyadh – Mubasher: Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) on Wednesday announced that its shareholders had approved distributing cash dividends of SAR 1 per share for the second half of 2018 during an ordinary general meeting (OGM).

Eligibility of dividends will be for shareholders owning shares registered with the Securities Depository Center at the end of the second trading day following the due date, SPIMACO said in a statement to the Saudi Stock Exchange (Tadawul).

For the full-year 2018, the Saudi firm’s profits fell 32.13% to SAR 100.8 million, compared to SAR 148.53 million a year earlier.