Saudi's Theeb Rent a Car to distribute $6mln dividends for H1

The eligibility date has been set as 20 September, while the dividends will be distributed on 6 October

  
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 –  Theeb Rent a Car Company will pay a cash dividend of SAR 0.51 per share, representing 5.1% of the share’s par value, for the first half (H1) of 2021.

The company will distribute a total amount of SAR 22 million for 43 million eligible shares, according to a bourse disclosure on Thursday.

The eligibility date has been set as 20 September, while the dividends will be distributed on 6 October.

In the first six months of 2021, Theeb Rent a Car registered net profits worth SAR 50.93 million.

Source: Mubasher

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