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Bahri’s shareholders nod to SAR 1/shr dividend for H2-20

Bahri’s shareholders nod to SAR 1/shr dividend for H2-20
Bahri will pay a total of SAR 393.75 million in dividends
BAHRI
4030
20.47% 27.25 4.63

Riyadh – Mubasher: The shareholders of the National Shipping Company of Saudi Arabia (Bahri) approved the board’s recommendation of distributing SAR 1 per share as a cash dividend for the second half (H2) of 2020.

Bahri will pay a total of SAR 393.75 million in dividends, which represent 10% of the share’s nominal value. The firm will later announce the distribution date.

The company also recommended a dividend payout of SAR 393.75 million for the first half (H1) of 2020.