Saudi's Dr Sulaiman Al Habib distributes $56mln dividend

350mlnn shares are eligible for six percent dividend at SAR0.60 per share

  
A Saudi man stands in front of a screen as another inspects stock prices at ANB Bank in Riyadh, Saudi Arabia September 16, 2019. Image for illustrative purposes.

A Saudi man stands in front of a screen as another inspects stock prices at ANB Bank in Riyadh, Saudi Arabia September 16, 2019. Image for illustrative purposes.

REUTERS/Ahmed Yosri

The board of directors of Dr Sulaiman Al Habib Medical Services Group has recommended the distribution of a cash dividend of SAR 210 million ($56 million).

The number of shares eligible is 350 million.

The healthcare provider has been listed on the Saudi stock market Tadawul since completing its initial public offering (IPO) in March.

The dividend will be distributed on 15th November.

(Writing by Imogen Lillywhite; editing by Daniel Luiz)

imogen.lillywhite@refinitiv.com

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