Saudi Contractor Al Khodari Recommends $0.13 Per Share 2013 Dividend
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Saudi Contractor Al Khodari Recommends $0.13 Per Share 2013 Dividend

Saudi Contractor Al Khodari Recommends $0.13 Per Share 2013 Dividend

The contractor reported a 69 per cent decline in fourth-quarter net profit last month.

Gulf Business

Saudi Arabia’s Abdullah A. M. Al-Khodari Sons Co said in a bourse filing on Monday its board had recommended paying a cash dividend of 0.5 riyals ($0.13) per share for 2013.

The figure is the same as the payout for 2012.

The contractor reported a 69 per cent decline in fourth-quarter net profit last month, as it continued to be hit by changes to employment law in the kingdom.


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