Mubasher TV
Contact Us Advertising   العربية

Sulaiman Al Habib proposes SAR 0.50/shr dividends for Q1

Sulaiman Al Habib proposes SAR 0.50/shr dividends for Q1
A total of 350 million shares eligible for dividends
SULAIMAN ALHABIB
4013
-1.37% 332.00 -4.60

Riyadh – Mubasher: Dr. Sulaiman Al Habib Medical Services Group’s Board of Directors recommended a cash dividend distribution of SAR 175 million to shareholders for the first quarter (Q1) of 2020.

The dividend amount represents 50% of the share’s nominal value and is equivalent to SAR 0.50 per share, according to a bourse statement on Sunday.

Moreover, the number of shares eligible for dividends is 350 million shares.

Eligibility of dividends will be to the shareholders at the end of the maturity date scheduled on 2 July 2020, as per the registered shareholders in the register of the Securities Depository Center Company (Edaa) at the end of the second trading day following the due date.