Al-Babtain to pay 9M dividend on Dec.10

Al-Babtain Power and Telecommunication Co. said it will pay cash dividend for the first nine months of 2018 on Dec. 10, 2018.

 Shareholders of record on Nov. 21, 2018, 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.

Earlier this month, the company’s board of directors declared a 5 percent cash dividend for the first nine months of 2018, at SAR 0.5 per share, amounting to SAR 21.3 million, according to data compiled by Argaam.