Al-Babtain Power & Telecommunication Co. agreed on Monday to issue a 10 percent cash dividend at SAR 1 per share for 2014.
The company also agreed to acquire Al-Babtain Contracting Company in Qatar at a total of QAR 200,000 to expand to new markets.
Cash Dividend Details |
|
SAR 426 mln |
Current capital |
42.6 mln shares |
Number of shares |
SAR 42.6 mln |
Cash dividend |
10% ( SAR 1/share) |
Percent of capital |
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