Al-Babtain to pay 5% dividend on Dec. 8

21/11/2019 Argaam

Al-Babtain Power and Telecommunication Co. is expected to pay a 5% cash dividend for the first nine months of 2019, at SAR 0.5 per share on Dec. 8, 2019, the company said in a bourse statement.

 

Shareholders of record on the second trading day after the record date are entitled to receive dividend.

 

Dividend Details (9M 2019)

Current Capital

SAR 426.3 mln

Number of shares

42.6 mln

Dividend

SAR 21.3 mln

Percentage of capital

5% (SAR 0.5 per share)

Record date

Nov. 20, 2019

Payment date

To be determined

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