Saudi's Almarai hikes dividend for 2015 to 1.15 riyals

14 Dec, 2015

DUBAI: Saudi Arabia's Almarai said on Monday its board had recommended a cash dividend of 1.15 riyals ($0.31) per share for 2015.

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 690 million riyals, the company said in a statement to the Saudi bourse.

Copyright Reuters, 2015

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