Dallah Healthcare BoD proposes DPS of SAR1.5 for full year 2015
Dallah Healthcare’s board of directors (BoD) proposed SAR1.5 dividend per share for full-year 2015, or SAR88.5 million in total cash, above last year DPS of SAR1.0 and our forecast of SAR1.25 per share. The proposed dividend implies 2.8% yield and a payout of 54%. The EX date for the cash dividends will be by the end of the trading day of the AGM, which will be announced later. (Company disclosure, Tarek El-Shawarby)
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