Riyadh – Mubasher: The board of the National Shipping Company of Saudi Arabia (Bahri) recommended distributing SAR 393.750 million as cash dividends to shareholders for the first half (H1) of 2020.

The proposed amount is equivalent to SAR 1 per share or 10% of the share’s par value, according to a recent statement to the Saudi bourse.

Eligibility of dividends will be to the shareholders at the end of the maturity date scheduled on 5 October 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 October 2020.