Alhokair Tourism approves 25% dividend for 2014

11/05/2015 Argaam

Abdulmohsen Alhokair group for Tourism and Development Company said on Monday that its general assembly approved a 25 percent (SAR 2.5 per share) cash dividend for 2014.

 

In addition, the board of directors was authorized to distribute a cash dividend for 2015.

 

The assembly also approved the purchase of outdoor entertainment rides and equipment from Riyadh Company for Tourism Projects and Entertainment at SAR 1.3 billion. Riyadh Company is owned by Abdulmohsen Alhokair Holding.

 

Cash Dividend Details

SAR 550 mln

Current capital

55 mln shares

Number of shares

SAR 137.5 mln

Cash dividend

25% ( SAR 2.50/share)

Percent of capital

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