Riyadh – Mubasher: Arriyadh Development’s board of directors recommended to distribute cash dividends of 80 halalas per share (8% of the stock’s par value) for the second half of fiscal 2016, totalling SAR 106.67 million.
The dividend eligibility will be for shareholders registered till the end of trading on the general meeting date, according to a bourse filing.
The stock ended Thursday’s trading at SAR 21, falling 0.1%.
