Al-Babtain to pay 10% dividend for FY2020 from Feb. 9

24/01/2021 Argaam

Al-Babtain Power and Telecommunication Co. will distribute dividend for fiscal year 2020, starting Feb. 9, 2021, the firm said in a statement to Tadawul today, Jan. 24.

 

In December 2020, Al-Babtain said its board of directors recommended a 10% cash dividend for 2020, at SAR 1 per share, amounting to SAR 42.63 million, Argaam reported.

 

The disbursement process will take place through Arab National Bank (ANB) and the amount will be deposited directly into the shareholders' accounts linked to the investment portfolios with all local banks.

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