Al-Babtain to pay Q3 dividend on Dec. 26

10/12/2017 Argaam

 

Al-Babtain Power & Telecommunications Co. will pay a 5 percent cash dividend (SAR 0.5 per share) for the third quarter of 2017 on Tuesday, Dec. 26, the company said in a bourse statement.

 

Shareholders of record on Dec. 7, including those registered at the Securities Depository Center two trading days after this date, are eligible to receive the dividend.

 

Al-Babtain’s board of directors last month recommended a 5 percent cash dividend for Q3 amounting to SAR 21.3 million. 

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