FINANCIAL NEWS

Saudi Mobily to distribute USD256 m dividend

02 May 2014

(MENAFN) Saudi Etihad Etisalat (Mobily) said it plans to pay a cash dividend of USD333 per share for the first quarter of 2014, according to Arab News.

Total amount of the interim cash dividend that is planned to be distributed is estimated at USD256.59 million for the first three months of the current year.

Dividend payment date will be May 13 and the disbursement shall be through direct deposit into the bank accounts linked to the investment portfolios of the shareholders.

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