Kingdom Holding to approve 2018 dividend in June

28/05/2019 Argaam

Kingdom Holding Co. shareholders will on June 23 discuss the board's recommendation on paying cash dividend at 5 percent of capital, or SAR 0.50 a share, for 2018, the company said in a bourse filing.

 

Shareholders will also discuss the board's report, auditor's report and financial statements for FY ending Dec. 31, 2018.

 

Shareholders will discharge board members from liability for 2018, and appoint an auditor for 2019, and Q1 2020.

 

Board bonuses at SAR 600,000 for FY18 will be also endorsed.

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