Riyadh - Mubasher: The board of Red Sea Housing Services Company recommended the distribution of cash dividends to shareholders for the fiscal year 2016 at SAR 0.75 per share.
According to the company’s statement to the Saudi Stock Exchange (Tadawul) on Wednesday, dividends total SAR 45 million distributed over 60 million shares, representing 7.5% of the capital.
The company posted a growth in annual profits by 15.64% to SAR 88 million in 2016 compared to SAR 76.1 million in 2015.
