Red Sea BoD recommends SAR0.75/share in cash dividends for 2015
The Rea Sea Housing Services Company has announced that its Board of Directors (BoD) had recommended the distribution of a total of SAR45 million in cash dividends for 2015 profits, implying SAR0.75/share and a dividend yield of 4.0% on yesterday’s closing price. Shareholders eligible for the distribution are the ones registered as of end of trading session of the day the AGM will be held, which is yet to be announced. (Tadawul)
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