Saudi's Bahri to pay $105mln dividends for H1

Bahri has set the eligibility date as 5 October, while the distribution date will be on the 24th of the same month

  
A Saudi trader monitors stocks at the Saudi stock market in Riyadh, Saudi Arabia, January 8, 2020.

A Saudi trader monitors stocks at the Saudi stock market in Riyadh, Saudi Arabia, January 8, 2020.

REUTERS/Ahmed Yosri
Riyadh – The National Shipping Company of Saudi Arabia (Bahri) decided to distribute a cash dividend of SAR 1 per share, representing 10% of the share’s par value, for the first half (H1) of 2021.

The company will pay a total amount of SAR 393.75 million for 393.75 million eligible shares, according to a bourse disclosure on Tuesday.

Bahri has set the eligibility date as 5 October, while the distribution date will be on the 24th of the same month.

The company has reported net profits worth SAR 82.47 million in H1-21.

Source: Mubasher

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