Now Reading
Saudi Kingdom Holding To Pay $0.03 Per Share Dividend For Q4

Saudi Kingdom Holding To Pay $0.03 Per Share Dividend For Q4

The company posted a 10.3 per cent rise in fourth-quarter profit in January, mainly due to a rise in the value of its investments.

Different Arab money

Saudi Arabia’s Kingdom Holding will pay a fourth-quarter dividend of 0.125 Saudi riyals ($0.03) per share, the investment firm said in a bourse filing on Monday.

Kingdom’s board, headed by billionaire chairman Prince Alwaleed bin Talal, has approved the payout, which will take its total dividend payout for 2013 to 655.9 million riyals, or 0.5 riyals per share.

Its fourth-quarter and annual dividends were the same as a year earlier.

The company posted a 10.3 per cent rise in fourth-quarter profit in January, mainly due to a rise in the value of its investments.

© 2020 MOTIVATE MEDIA GROUP. ALL RIGHTS RESERVED.

Scroll To Top