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Mobily’s board proposes 8.5% dividend distribution for 2021

Mobily’s board proposes 8.5% dividend distribution for 2021
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ETIHAD ETISALAT
7020
0.81% 31.10 0.25

Riyadh – Mubasher: The board of Etihad Etisalat Company (Mobily) has recommended a cash dividend distribution, equivalent to 8.5 % of the share par value, for fiscal year 2021.

The dividend distribution stands at SAR 0.85, aggregating at a total value of SAR 654.5 million, according to a bourse filing on Thursday.

The number of shares eligible for the dividend payout reaches 770 million.

It is noteworthy to mention that during the first nine months of 2021, the company achieved net profits after Zakat and tax worth SAR 751 million, higher by 39.8% than SAR 537 million in the same period last year.