Alabdullatif, SACO to pay dividends next week

Riyadh – Mubasher: Shareholders are anticipating next week the dividend distribution to be carried out by Alabdullatif and SACO.

Alabdullatif will pay on 10 December cash dividend at SAR 1.25 per share, or 80% of profits for the first nine months of 2015.

Meanwhile, SACO will pay dividends on 10 December at SAR 2 per share, or 20%, for the first quarter of the current fiscal year.

Bupa Arabia will hold an extraordinary general meeting on 7 December to discuss a capital increase to SAR 800 million from SAR 400 million. The 100% raise will be effected through a bonus share distribution at 1-for-1.

MUBASHER Contribution Time: 04-Dec-2015 07:41 (GMT)