Riyadh – Mubasher: The extraordinary general assembly of Zahrat Al Waha for Trading Company approved distributing cash dividends worth SAR 1 a share to shareholders for the full-year 2018 during a meeting held on Sunday. 

The Kingdom-based company will pay a total of SAR 15 million in dividends, representing 10% of Zahrat Al Waha’s capital, according to a filing to the Saudi Stock Exchange (Tadawul) on Monday.

The eligibility of dividends shall be for the shareholders at the end of trading on 20 May, while the eligibility date will be specified later. 

The assembly has also approved the appointment of KPMG as the company’s auditor for the year ending December 2019.

It also discharged its board of directors from liabilities during the period between January and December 2018.