Riyadh - Mubasher: The extraordinary general meeting (EGM) of Abdullah Al Othaim Markets approved the distribution of cash dividends for 2016.
The company will distribute dividends at SAR 2 per share or 20% of the par value, totalling SAR 90 million, according to a bourse filing on Thursday.
The distribution of the dividends will start as of 8 May through Al Rajhi Bank for the registered shareholders at the end of trades on the EGM day.
The meeting also mandated the board to distribute interim dividends throughout 2017. The board's and auditors’ reports for 2016 were considered in the meeting.