Al Othaim shareholders to vote on FY 2018 dividend on April 18

25/03/2019 Argaam

 

Abdullah Al Othaim Markets Co.’s shareholders are set to vote on a 30 percent cash dividend for the fiscal year 2018, during the general assembly meeting that will be held on April 18, 2019.

 

Shareholders will also vote on delegating the company’s board of directors to distribute dividend for the fiscal year 2019.

 

Dividend Details (FY 2018)

Current Capital

SAR 900 mln

Number of shares

90 mln

Dividend

SAR 270 mln

Percentage of capital

30% (SAR 3 per share)

Record date

April 18, 2019

Payment date

To be determined

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