Almarai board recommending a cash dividend of
1.15 riyals ($0.31) per share
Almarai announces $184m cash dividends for 2015
RIYADH, December 14, 2015
Saudi Arabia's Almarai said on Monday its board had recommended a cash dividend of 1.15 riyals ($0.31) per share.
Almarai, the Gulf's largest dairy firm, paid a dividend of 1 riyal for 2014, according to Thomson Reuters data.
The total value of the latest dividend payout would be SR690 million ($184 million), the company said in a statement to the Saudi bourse.-Reuters