Budget to pay 12.5% of capital as dividends for H2

Riyadh – Mubasher: The shareholders of the United International Transportation Company (Budget) approved to distribute SAR 88.95 million, representing 12.5% of the capital, as cash dividends for the second half (H2) of 2020.

Budget will pay SAR 1.25 per share to the entitled shareholders, according to a disclosure on Sunday.

The company will later announce the distribution date.

In 2020, the listed firm achieved a 5.2% increase in net profits to SAR 187.85 million, compared to SAR 178.61 million in 2019.

Mubasher Contribution Time: 02-May-2021 08:43 (GMT)
Mubasher Last Update Time: 02-May-2021 08:43 (GMT)