Mouwasat BoD proposes DPS of SAR2.0 for full year 2015
Mouwasat board of directors (BoD) proposed SAR2.0 dividend per share for full-year 2015, or SAR100 million in total cash, same as last year and our forecast. The proposed dividend implies 1.8% yield and a payout of 48%. The EX date for the cash dividends will be by end of trading day of the AGM, which will be announced later. (Tadawul, Tarek El-Shawarby) Mouwasat Medical Services: SAR108.00 as of 26 January 2016, Rating: Buy, FV: SAR140.00 per share, MCap: USD1,440 million, MOUWASAT AB / 4002.SE
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