Riyadh – Mubasher: The Board of Directors of Maharah Human Resources Company approved distributing cash dividends worth SAR 84.38 million to shareholders for the first half (H1) of 2020.

The amount is equivalent to SAR 2.25 per share or 22.5% of the share’s nominal value, according to a statement to the Saudi bourse on Wednesday.

Eligibility of dividends will be to the shareholders at the end of the maturity date scheduled on Sunday, 6 September 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.

The distribution date is 22 September.

Over the second quarter (Q2) of 2020, Maharah reported a 31.39% slump in net profits at SAR 49.4 million, compared to SAR 72 million in the same period in 2019.