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Cash Dividends

The Saudi group’s profit went up by 3.9% yearly in 2020 to SAR 11.1 billion.
21 January 04:01 PM STC Q4 earnings soar 15.6%; dividends approved
Riyadh – Mubasher: Saudi Telecom Company (stc) gained SAR 2.7 billion in net profits during the fourth quarter (Q4) of 2020, up by 15.6% on a year-on-year (YoY) basis. The positive quarterly results were supported by higher revenue by SAR 1.9 …
Revenue came in at SAR 4.97 billion during the previous year.
19 January 10:07 AM Aldrees' FY20 earnings down 58%; dividends proposed
Riyadh – Mubasher: The net profits of Aldrees Petroleum and Transport Services Company amounted to SAR 121.1 million in the fiscal year (FY) ended on 31 December 2020, down by 58.48% when compared to SAR 291.7 million in 2019. The plunge in the …
The dividends represent 1% of the unit’s initial price.
18 January 04:44 PM Mulkia Investment to distribute SAR 6.8m in REIT dividends
Riyadh – Mubasher: Mulkia Investment Company will distribute cash dividends worth SAR 6.81 million to Mulkia Gulf Real Estate REIT Fund unitholders for the period from 1 October 2020 to 31 December 2020. The distributions will be to 681.086 …
The distributions will be to 51 million existing units at SAR 0.16 per unit.
17 January 09:49 AM Saudi Fransi Capital to pay SAR 8.2m in REIT dividends
Riyadh – Mubasher: Saudi Fransi Capital will distribute SAR 8.16 million in cash dividends to Taleem REIT Fund unitholders for the fourth quarter (Q4) of 2020. The distributions will be to 51 million existing units at SAR 0.16 per unit, according …
The cash dividend distribution stands at SAR 0.80 per share
14 January 12:20 PM NCLE's shareholders nod to 8% dividends
Riyadh – Mubasher: The ordinary general meeting (OGM) of the National Company for Learning and Education (NCLE) has approved to pay out cash dividends, equivalent to 8% of the company's share capital, for the fiscal year ended 31 August 2020. The …
The company reported net profits of SAR 75.8 million in 12 months
13 January 11:19 AM Ataa Educational's shareholders approve SAR 40m dividends
Riyadh – Mubasher: The ordinary general meeting (OGM) of Ataa Educational Company approved the board’s proposal for a cash dividend distribution of 10% of capital, amounting to SAR 40 million or SAR 1 per share, for the year ended 31 July 2020. …
banks are allowed to distribute employee bonuses and board remuneration
12 January 01:47 PM CBE prohibits banks from paying dividends due to COVID-19 crisis
Cairo – Mubasher: The Central Bank of Egypt (CBE) has issued a decision to ban banks from paying dividends to shareholders. The decision is aimed at protecting the capital of banks against the potential risks of the coronavirus (COVID-19) crisis, …
The approved amount is equivalent to SAR 3 per share.
5 January 09:16 AM SADAFCO to pay SAR 96m dividends for 6M
Riyadh – Mubasher: Saudia Dairy and Foodstuff Company’s (SADAFCO) board decided to distribute SAR 95.999 million in interim cash dividends to shareholders for the six-month period ended on 30 September 2020. The amount is equivalent to SAR 3 per …
The distributions will be paid on 20 January 2021.
4 January 04:11 PM MIS' board plans 11% dividends for H2-20; 25% capital raise
Riyadh – Mubasher: Al Moammar Information Systems' (MIS) board proposed distributing SAR 22 million in cash dividends to shareholders for the second half (H2) of 2020. The recommended amount is equivalent to SAR 1.10 per share or 11% of the …
The distributions will be paid within 15 business days from the due date.
3 January 11:01 AM Musharaka Capital to pay SAR 26.4m REIT dividends
Riyadh - Mubasher: Musharaka Capital Company announced distributing cash dividends of SAR 26.4 million to the Musharaka REIT Fund unitholders for the period from 1 July to 31 December 2020. The distributions will be to 88 million units, at SAR …
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31 December 2020 10:33 AM Bank Aljazira authorises board to pay interim dividends for FY21
Riyadh – Mubasher: Bank Aljazira’s extraordinary general meeting (EGM) approved authorising the board of directors to distribute interim dividends on a quarterly or a semi-annually basis for fiscal year (FY) 2021. The EGM further approved …
The approved dividends represent 10% of the share’s par value.
31 December 2020 09:17 AM Al Babtain Power to pay SAR 42.6m in FY20 dividends
Riyadh – Mubasher: Al Babtain Power and Telecommunication Company’s board has approved paying SAR 42.63 million in cash dividends to shareholders for fiscal year (FY) ending on 31 December 2020. The approved amount equals SAR 1 per share or 10% of …
The record date for the dividend is set for 19 January 2021
30 December 2020 11:12 AM Orascom Construction's board nods to $0.21/shr interim dividends
Mubasher: The board of Orascom Construction Plc has approved to pay out interim cash dividends of $0.21 per share in January 2021. The record date for the dividend is set for 19 January 2021, while the payment is scheduled for 26 …
The approved dividend amount is equal to SAR 0.50 per share.
30 December 2020 09:20 AM Arabian Centres approves SAR 237.5m dividends for H1
Riyadh – Mubasher: The board of Arabian Centres Company (ACC) approved distributing SAR 237.5 million in cash dividends to shareholders for the first half (H1) of the fiscal year (FY) 2020/2021. The approved amount is equal to SAR 0.50 per share …
TAQA's shareholders had agreed on distributing interim dividends
29 December 2020 10:48 AM TAQA receives approvals for new dividend policy
Abu Dhabi – Mubasher: Abu Dhabi National Energy Company (TAQA) has obtained the necessary approvals for its new dividend policy for 2020-2022 from the Department of Economic Development and the Securities and Commodities Authority (SCA). These …
The proposed amount is equal to SAR 1 per share.
29 December 2020 10:15 AM Saudi White Cement plans 10% dividends for H2
Riyadh – Mubasher: The Board of Directors of Saudi White Cement Co. recommended a cash dividend distribution of SAR 120 million to shareholders for the second half (H2) of 2020. The proposed amount is equal to SAR 1 per share or 10% of the share’s …
The Saudi Electricity Company (SEC).
28 December 2020 11:46 AM SEC EGM approves treating SAR 3.4bn dividends owed to Saudi Aramco
Riyadh – Mubasher: Saudi Electricity Company’s (SEC) extraordinary general assembly (EGM) approved to treat the SAR 3.351 billion worth of dividends owed by it to the Saudi Arabian Oil Company (Saudi Aramco) since SEC’s inception until the end of …
GASCO’s total share of FY20 dividends amounted to SAR 63 million.
28 December 2020 10:13 AM GASCO to receive SAR 50.4m in Q4 dividends from unit
Riyadh – Mubasher: National Gas and Industrialization Company (GASCO) said its subsidiary, the National Industrial Gases Company (GAS), agreed to distribute cash dividends for the fourth quarter (Q4) of 2020. GASCO owns 9% of GAS’ capital and …
The capital raise will be implemented by issuing one share for every eight owned shares.
28 December 2020 09:38 AM Halwani Bros board proposes capital raise, FY20 dividends
Riyadh – Mubasher: Halwani Bros. Company’s board recommended raising the company’s capital by 12.5% to SAR 353.57 million by issuing one share for every eight owned shares, subject to competent approvals. The step comes to support the company’s …
The cash dividend distribution settles at SAR 1.25 per share
24 December 2020 04:38 PM Yansab's board proposes 12.5% dividends for H2-20
Riyadh – Mubasher: The board of Yanbu National Petrochemical Company (Yansab) has recommended to pay out cash dividends to shareholders, equivalent to 12.5% of the nominal value, for the second half (H2) of 2020. The cash dividend distribution …
The cash dividend distribution stands at SAR 0.25 per share
24 December 2020 11:09 AM Al-Jouf Agricultural's board recommends 2.5% dividends for H2-20
Riyadh – Mubasher: The board of Al-Jouf Agricultural Development Company has recommended to pay out cash dividends, equivalent to 2.5% of the nominal value, for the second half (H1) of 2020. The cash dividend distribution stands at SAR 0.25 per …
Al Samaani swung to net profits of SAR 1.22 million in the first half of 2020.
23 December 2020 09:39 AM Al Samaani’s board recommends 5% dividends for FY20
Riyadh – Mubasher: The board of Al Samaani Factory for Metal Industries Company proposed a cash dividend distribution of SAR 1.25 million to shareholders for fiscal year (FY) 2020. The recommended amount represents SAR 0.5 per share or 5% of the …
The proposed dividends represent 10% of the share’s nominal value.
23 December 2020 09:13 AM Al Yamamah Steel plans SAR 50.8m dividends for FY19/20
Riyadh – Mubasher: Al Yamamah Steel Industries Company’s board recommended to distribute SAR 50.8 million in cash dividends to shareholders for the fiscal year (FY) ended on 30 September 2020. This amount represents SAR 1 per share or 10% of the …
The recommended dividends amount represents 6.5% of the share’s par value.
22 December 2020 11:12 AM Advanced Petrochemical plans SAR 140.7m dividends for Q4
Riyadh – Mubasher: Advanced Petrochemical Company’s board proposed a cash dividend distribution of SAR 140.7 million to shareholders for the fourth quarter (Q4) of 2020, bringing total distributions paid by the company for fiscal year 2020 to SAR …
The dividends accounted for 80% of recurring net rental income
20 December 2020 02:35 PM ENBD REIT to distribute $5m interim cash dividends
UAE – Mubasher: ENBD REIT has received the approval of the DIFC Courts to cut its share capital to facilitate the distribution of interim dividends valued at $0.0194 per share or $4.85 million. The company, the Shari’a compliant real estate …