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Kingdom Holding to pay 5% cash dividends for FY18

Kingdom Holding to pay 5% cash dividends for FY18
The general assembly also approved the board’s and audit’s reports on 2018 business.
KINGDOM
4280
0.14% 7.10 0.01

Riyadh – Mubasher: The shareholders of Kingdom Holding Company (KHC) approved distributing 5% cash dividends for full-year 2018 during a general assembly meeting held on  Sunday, 23 June.

The global investment firm owned by Saudi Arabian billionaire Prince Alwaleed bin Talal will pay SAR 0.5 per share for the year ended 31 December 2018, according to a bourse filing on Monday.

The general assembly also approved the board’s and audit’s reports on 2018 business.

It also agreed to discharge the current board of directors.