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25-Feb-2016

Al Abdullatif BoD proposes SAR0.3/share cash dividend for 4Q2015

Al Abdullatif Industrial Investment Company’s [2340.SE] Board of Directors (BoD) has proposed a cash dividend of SAR0.3/share for 4Q2015 or cSAR24.4 million in total cash dividends. The company distributed a total DPS of SAR1.55 for FY2015, implying a c9% dividend yield, c63% payout ratio (SAR1.25 per share distributed in 9M2015). (Tadawul)

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