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19-Apr-2016

Al-Khodari recommends 5% stock dividends for 2015

The Board of Directors (BoD) of A.M. Al-Khodari Sons has recommended the distribution of 5% in bonus shares for 2015 profits and no cash dividends for the year. We view the decision positively, ahead of a challenging year. (Tadawul)   Abdullah A. M. Al-Khodari Sons Company: SAR12.22 as of 18 April 2016, Rating: Neutral, FV: SAR10.90 per share, MCap: USD173 million, ALKHODAR AB / 1330.SE

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