Thob Al Aseel to pay H2 2019 dividend on March 28

Thob Al Aseel Co. said it will pay cash dividend for the second half of 2019 on March 28, 2020.

Shareholders of record on March 8, including those registered at the Securities Depository Center two days after this date, are eligible to receive the dividend, the company said in a bourse statement.

Last month, the company’s board of directors recommended a 12.5% cash dividend for the second half of 2019, at SAR 1.25 per share, amounting to SAR 37.5 million, according to data compiled by Argaam.